Housing starts, although falling acutely in December, were bold enough and remained so at the end of 2013 to earn “the best since 2007” statistic. In 2007 starts totaled nearly 1.4 million. November starts levels were the highest of the year at 1.1 million but was then followed by souring December numbers that fell 9.8%

New Mortgage Rules – Decoded

Monday, 13 January 2014 by

In the last housing boom, borrowers accepted loans they couldn’t afford. This was a widespread practice in the lead up to the financial crisis. And so it’s of no surprise that new mortgage rules were created and are now in effect. Perhaps the new rules are somewhat common, good sense but it seems the lending

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