Category Archives: Mortgages
BofA: Free second mortgages
Bank of America gives out free second mortgages to about 150,000 homeowners. Are you one of them? Continue reading
Pending home sales fall
Fewer buyers signed contracts to buy homes in August. Is the market softening? Continue reading
Will home prices return to 2007?
Home values have been rising, but they have a long way to go before hitting the pre-bubble peak. Continue reading
Home prices continue to climb
The upward trend in home prices continues, providing some hope for a recovery. Continue reading
Candidates’ housing (non)fixes
When it comes to returning the housing market to profitability, plans are sketchy. Continue reading
Banks back foreclosure-to-rental
Investor groups are obtaining big loans to turn foreclosed properties into rentals. Continue reading
Borrowers in 5 states to pay more
Mortgage borrowers in five states would have to pay more for their loans starting next year. Continue reading
Pay off your mortgage early?
Ditching a long-term debt might feel satisfying, but it doesn’t mean you should do it. Continue reading
Are lending standards too tight?
More than half of the borrowers who were approved for a mortgage in August had credit scores above 740. Continue reading
Fed: The king of mortgages
Now that the Fed hit the panic button, how low do you think mortgage rates will go? Continue reading