Category Archives: Mortgages
Kill the next boom in the cradle?
Should we tighten down payment requirements where prices are rising at double-digit rates? Continue reading
Custom built makes a comeback
Are fancy fixtures and more square footage luring homebuyers? Continue reading
Will HARP 3 be a charm?
Will the third try be a charm for HARP? Industry analysts seem to think so. And so does the government. Continue reading
Heiresses on a homebuying spree
They’re young, rich and not afraid to spend hundreds of millions for the right mansion. Continue reading
A twist(er) to house prices?
Purchase prices increased most in Warren-Troy-Farmington Hills, Mich., up 6.2 percent in a year. Continue reading
Homeownership dream not dead yet
Despite the battering of the housing market, young adults still intend to own a home. Continue reading
FHA for high-income borrowers
Did you know that about 90 percent of FHA borrowers have scores in the 700 to 800 range? Continue reading
Mortgage delinquencies drop
Banks are initiating with fewer foreclosures, but still struggling with a backlog. Continue reading
$30K short sale incentive
Bank of America is offering to pay delinquent homeowners up to $30,000 if they sell their homes through short sale. Continue reading
Who gets Fannie Mae’s profit?
Fannie Mae and Freddie Mac are finally turning a profit. So will homeowners benefit?