Category Archives: Mortgages
Home prices confound me
It’s the confusing time of the month, when corporations, lobbyists and federal regulators trumpet their stats on home sales and home prices. Continue reading
Rent payments can help you get mortgage
Renters who want to become homeowners may improve their chances of getting a mortgage when their rent payments are reported to the credit bureaus, shows a recent study. Continue reading
SunTrust will pay millions to consumers
SunTrust has reached a huge settlement with regulators. What’s in it for you? Continue reading
Rates ignore jobs report, thanks to Europe
The jobs report could have pushed rates higher today but it hasn’t yet thanks to the European Central Bank. Continue reading
Buy or rent? Both are too expensive
Rates may be low but majority of Americans say housing remains unaffordable. Continue reading
Remember to budget for PMI
The majority of homebuyers end up with higher-than-expected monthly mortgage payments because of private mortgage insurance premiums. Continue reading
Pending home sales edge higher
For the second straight month, pending home sales improved. Continue reading
Reverse mortgage: Who’s insured?
FHA insurance protects the lender, not the borrower. The FHA insures the lender’s safety, not the borrower’s (or the borrower’s heirs). Continue reading
Existing homes sales eke out gain
It’s slow going in the housing market, but sales are trending upward. Continue reading
More homebuyers say cash is king
A higher percentage of all-cash homebuyers can be a sign of a weak housing market. Continue reading