Could New Mortgage Rules Ultimately Hurt Homeownership?

On January 10, new mortgage rules proposed by the Consumer Financial Protection Bureau (CFPB) went into effect. These new rules – the “qualified mortgage” and “ability-to-repay” rules – ostensibly were designed to eliminate the possibility of unaffordable mortgages like the ones that ultimately caused the housing market crash in 2007. Some, though, say that the …

Want to Flip Houses In Birmingham? It’s Not as Easy as It Looks

Are you looking to flip houses in Birmingham? Take it from us, it’s not as easy as it seems. Flipping houses is something that television and infomercials have made look easy. It’s the art of buying a home for below-market value and after renovations, selling it for a staggering profit. We’d all like to be …