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By:
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Kara Johnson - February 09, 2012
A $26 billion settlement that would fund loan modifications and mortgage refinancing for at-risk homeowners was announced today by state and federal officials.
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By:
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Peter King - February 08, 2012
Recent changes to HARP mean that some 6.7 million homeowners will be eligible to refinance their mortgage to a lower interest rate under the government-backed program.
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By:
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Kara Johnson - February 08, 2012
An agreement that could result in substantial principal reductions for some 850,000 underwater homeowners has reportedly been reached among state attorneys general and the nation’s largest mortgage servicers.
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Peter King - February 06, 2012
Nearly 100 U.S. housing markets are now regarded as “improving,” with home prices and other indicators coming back from post-crash lows, according to the National Association of Home Builders (NAHB).
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By:
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Kara Johnson - February 02, 2012
Nearly one-half of homeowners who refinanced their mortgages late last year did so by paying down part of their mortgage balance at the same time.
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By:
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Peter King - February 01, 2012
Demand for mortgage refinancing eased slightly last week, after the Federal Reserve indicated it would seek to keep interest rates low for the next three years.
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By:
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Peter King - January 31, 2012
U.S. home prices edged downward in November, dropping 1.7 percent from October’s level, according to the latest Standard & Poor’s/Case-Shiller Home Price Indices, released today.
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By:
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Kara Johnson - January 31, 2012
Owners of rental properties and homeowners burdened by secondary expenses are now eligible for mortgage relief under a new expansion of the Home Affordable Modification Program (HAMP).
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By:
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Peter King - January 30, 2012
Investments made by Freddie Mac would appear to give the mega-lender an incentive not to refinance high-interest mortgages for borrowers, according to a new report.
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By:
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Kara Johnson - January 27, 2012
New home sales had their worst year on record in 2011, with the estimate of 302,000 single-family homes the lowest reported annual total since the Census Bureau started tracking the data in 1963.
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