Personal Finance 

Comments of the week, baby boomer angst edition

Baby boomer angst is understandable given many are worse off than millennials

We had a great week for comments, with lots of people weighing in on a post I wrote pushing back against boomers’ frequent public critiques of the millennial generation.

Some readers thought I was being too hard on the boomers, who have also suffered as a result of the financial crisis.
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 The Home 

FHA loans drop off as housing market recovers

FHA LoanWhile the housing market is far from a complete recovery, it is making progress. The S&P Case-Shiller 20-City Composite Home Price Index rose 12 percent between July 2012 and July 2013, according to the most recent numbers, and just about every facet of the housing market is showing improvement. With the economic situation improving (albeit slowly), more buyers feel comfortable with their options and lenders are more open to extending credit.

With these changes, FHA loans, which had gained in popularity during the Great Recession, are dropping off. More homebuyers seem to be looking to conventional loans.

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