Kill the next boom in the cradle?
Should we tighten down payment requirements where prices are rising at double-digit rates?
Posted in Mortgages
Tagged down payments, house prices, Mortgages, real estate
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Custom built makes a comeback
Are fancy fixtures and more square footage luring homebuyers?
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.
Heiresses on a homebuying spree
They're young, rich and not afraid to spend hundreds of millions for the right mansion.
Posted in Mortgages
Tagged Ecclestone, homebuyers, mansion, million, Mortgages, Petra, rich, Tamara
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A twist(er) to house prices?
Purchase prices increased most in Warren-Troy-Farmington Hills, Mich., up 6.2 percent in a year.
Posted in Mortgages
Tagged Federal Housing Finance Agency, house prices, Mortgages, real estate
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Homeownership dream not dead yet
Despite the battering of the housing market, young adults still intend to own a home.
Posted in Mortgages
Tagged American, buy, dream, home, homeowners, homeownership, Mortgages, recession
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FHA for high-income borrowers
Did you know that about 90 percent of FHA borrowers have scores in the 700 to 800 range?
Mortgage delinquencies drop
Banks are initiating with fewer foreclosures, but still struggling with a backlog.
Posted in Mortgages
Tagged Foreclosure, homeowners, mortgage, Mortgages, percentage, rate
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$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.
Posted in Mortgages
Tagged Bank of America, incentive, Mortgages, short sale
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Who gets Fannie Mae’s profit?
Fannie Mae and Freddie Mac are finally turning a profit. So will homeowners benefit?
Posted in Mortgages
Tagged billion, Fannie Mae, homeowners, mortgage, Mortgages, profit
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