Page 5 - Down Payments News Today

Fizzle and get put on a shelf and dont end up doing real things, or you could see actual substantive changes in trade policy. youve already seen a little bit of that with the tpp. visas, immigration. so i think -- >> to that point, again, some voters dont like this, pu the president promised in the campaign more aggressive immigration enforcement. i guess my question is then why are they so -- its largely a media thing, but they have bought into this 100 day thing. the trump white house has boug...

Slightly lower than ideal credit scores get a loan, even allowing for smaller down payments in some cases. weve heard this before. several banks are now accepting a down payment less than 5% with conditions, of course. but it gives first-time buyers a better chance of buying a home, and that could help the housing market grow this year. asian stocks are down after the holiday weekend with many markets around the world closed today for easter monday, but, yes, futures in the u.s. higher. market...

100 kmart customers took to social media and threatened to boycott the store if they didnt change the decision. they want kmart employees to be able to spend time with their families. >> thats nice. >> people called it greedy, shameful and disgusting. >> any word from kmart on that one? >> no. good news for home buyers who dont have a whole lot of cash on hand. banks are offering loans with down payments of 5%. t.d. bank and wells fargo have moved away from much higher down payments. after the...

Chances of that child, even her life span, is determined by the zip code she grows up in. >> reporter: data from the discrimination database will be used with zoning laws, house financing, infrastructure planning and transportation, to alleviate segregation, specifics are lacking. the rule does not prescribe or enforce specific local or public housing authority policies. one critic says it smacks of utopian ideals. >> started with public housing and urban renewal, which failed spectacularly back...

Shouldnt be giving them and the government shouldnt be guaranteeing them. >> decent down payment, the chance is that they will have stronger credit because they have a chunk of money. so what is the obama administration seeking to do? whats the down payment they think it should be relaxd? should the banks lend the money? if they fail, we are on the hook. what is the line of demarcation for down payments? >> there is no bright line. there are a lot of types of lending. part is fha with very low d...

When congress passed the safety and soundness act n 1995 the clinton administration department of housing and urban development create ad national homeownership strategy the cornerstone was to do away with down payments. >> you had now fannie and freddie instead of doing prime loans were doing progressively more risky and risky loans. >> reporter: ex-treasury secretary john snow warned financial oversight committees that fannie and freddie were on shaky financial ground early as 2001 but few hee...

Mortgages that dont meet qualifications. >> lowering income homes and when the housing market that was the first to go. >> they have been restricted to prime loans or high quality liens. that ended in 1992 when congress passed the safety and soundness acted that required them to promote affordable housing. >> they actually planted the seeds the destruction of fannie and freddie. >> then the clinton administration made the home ownership strategy to do away with down payments. >> you had instead ...

Chicago did a survey of a five-state area here in the midwest and found last year farmland values throughout the region went up 16%, particularly in the state of iowa. they went up 20%. in iowa in the last five years, up 100%. now that kind of movement usually draws speculators but were told the vast majority of buyers out in iowa? theyre other farmers. >> farmers have looked at what the other options are and a lot of them are saying, i want to invest in farmland because im getting a better retu...

Loans. it is a combination bound to boost farm value. >> we still have relatively strong commodity price, very low interest rates. the combination probably gives you land prices what are becoming what i call fully valued. >> reporter: also driving up demand, a trend in the midwest where states that doesnt have cattle ranching are starting to see more and more of it. this obviously takes some land less than dirt farming but it increases demand on this. were seeing farm sales in the midwest region...

The first time. by the toxic assets. >> this was repackaged nonsense. i think that ben makes a great point. we better look at the fine print on this, make sure that the bund letters, get the great deals and plus, i dont know, might be a white flag to dagens point, throwing up the white flag at the last minute. >> first off to people who are buying mortgages, i dont think that average people are going to be your broker at swab so to speak, the black rocks and big companies like this. >> berkshire...