Is Now the Time to Buy a Home?

Wed Jun 12, 2013 10:00am EDT

* Reuters is not responsible for the content in this press release.

ATLANTA, June 12, 2013 (GLOBE NEWSWIRE) -- What a change a year can bring. Bidding wars are springing up across the country, as home buyers compete with investors and hedge funds for properties. Homeowners are watching their home values soar, and millions have returned to positive equity.

It's a great time for home sellers. But what about home buyers? With mortgage interest rates passing 4 percent for a 30-year fixed-rate loan, is now really the right time to buy?

The Personal Solutions division of Equifax (NYSE:EFX) today announced it will present a free series of four live webinars, hosted by Equifax Finance Blog managing editor, radio talk show host, and award-winning real estate columnist Ilyce Glink, designed to help consumers understand the new, fast-moving economy and how it affects their personal finance decisions.

The first webinar in the series, "Is Now the Time to Buy a Home?," will take place on Wednesday, June 19, from 1 p.m. to 2 p.m. EDT.

Glink will moderate a panel featuring Amy Crews Cutts, Equifax Chief Economist, and Steve Cook, publisher of Real Estate Economy Watch and a real estate contributor to the Equifax Finance Blog.

"Today's low mortgage interest rates and affordable home prices leave many consumers wondering if now is the right time to buy a home," says Glink. "We'll give you the inside scoop on how credit, current events, mortgage rates and changes to local markets affect your opportunity to buy a home or invest in real estate."

Glink, Cutts and Cook will take questions from the public and members of the press, who can sign up online for the free webinar.

About Equifax

Equifax Personal Solutions empowers consumers with the confidence and control to be their financial best. Find out more about Equifax's innovative suite of credit monitoring and identity protection products at www.equifax.com. Learn about identity theft and how to help protect yourself and your family at IdentityProtection.com. Get smart information on everything from credit to retirement, all in one place at the Equifax Finance Blog, blog.equifax.com.

Equifax is a global leader in consumer and commercial information solutions, providing businesses of all sizes and consumers with information they can trust. We organize and assimilate data on more than 500 million consumers and 81 million businesses worldwide, and use advanced analytics and proprietary technology to create and deliver customized insights that enrich both the performance of businesses and the lives of consumers.

Headquartered in Atlanta, Equifax operates or has investments in 18 countries and is a member of Standard & Poor's (S&P) 500® Index. Its common stock is traded on the New York Stock Exchange (NYSE) under the symbol EFX. For more information, please visit www.equifax.com.

CONTACT: Michele Cacdac-Jones
         (678) 795-7885
         michele.cacdac-jones@equifax.com