Category Archives: Mortgages
Black women pay higher mortgage rates
On average, women of color have mortgages with higher interest rates than their white counterparts, according to a new study. Continue reading
Stale jobs report, crisp mortgage rates?
The June jobs report was less-than-stellar. Find out what it means for mortgage rates. Continue reading
Greek crisis: Good for mortgage rates?
Greece is on the verge of default, which is affecting global markets. What does this mean for mortgage rates? Continue reading
Feds delay new mortgage docs
The rollout of easier-to-use mortgage documents has been delayed three months. Continue reading
Homebuilders most optimistic on sales since 2005
Homebuilders are becoming increasingly optimistic about their prospects as the economy and housing market improve. Continue reading
Jean Chatzky: Watch those HELOC resets
Minimum monthly payments on many Americans’ home equity lines of credit are set to spike soon. Here’s how to prepare. Continue reading
Court denies bankruptcy relief on second liens
Can someone file for bankruptcy and get a release from their second mortgage based on the deterioration in value of the house? A recent Supreme Court decision addresses just this sort of situation. Continue reading
Home prices continue upward climb in April
Improved job prospects, low interest rates and a low supply of housing mean that home prices are showing healthy gains. Continue reading
Mortgages may rise on job numbers
Strong May employment report means the economy is strengthening and the Federal Reserve will stay on track to start tightening monetary policy. This means that mortgage rates will likely continue their upward march. Continue reading
Lenders will get grace period
Bankers will get a grace period from enforcement of a mortgage regulation that goes into effect Aug. 1. Continue reading