Opinions on where real estate prices are heading from here might be mixed, but one thing is becoming increasingly clear: Millennials will be a big part of it. According to a recent survey from the National Association of REALTORS® (NAR), the so-called millennial generation—depending who you ask, it’s defined as those born between the early 1980s and late 1990s—comprised the biggest segment of homebuyers across …

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(TNS)—The regulator for bailed-out housing finance giants Fannie Mae and Freddie Mac told lawmakers Tuesday that new programs to back mortgages with down payments as low as 3 percent had enough safeguards to make them as safe as loans with higher down payments. Melvin L. Watt, director of the Federal Housing Finance Agency, faced sharp criticism from Republicans at a three-hour House hearing that he …

Fannie Mae, Freddie Mac Regulator Defends 3% Down Payment Mortgages Read more »