What Is an Escrow Account?
You're going to hear the word "escrow" a lot when you're buying a home, whether it's someone referring to an "escrow" account orgoing into escrow.
Prime Mortgage Requirements: A Look at Then and Now
One effect of the housing market's collapse has been tougher requirements for prime mortgage loans. While there have been some hints in recent months that lenders are loosening these strict requirements, there remains a wide gulf between previous and current requirements.