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13 February 2015
For many potential homeowners, coming up with a down payment can be the biggest obstacle.They may have a steady income and good credit, but don't have the thousands of dollars on hand that a down payment can require.
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13 November 2014
It's no secret that the past few years have been difficult ones for borrowers with poor credit who are seeking mortgages.But now, at least one mortgage lender is making a specific effort to reach out to them.
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22 September 2014
From high-end condos in Hawaii to inexpensive trailer parks almost anywhere in the United States, homes on leased land are a way to own a home for a lot less money than a house on land owned by the homeowner.
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22 May 2014
Buying one home while selling another can be tricky and needs a good plan - Here you will find our guide on the best approach to have on this matter.
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21 January 2014
The reduced FHA loan limits that took effect at the end of last year are expected to have an outsized effect on minority borrowers and potential homebuyers in metropolitan areas in general, according to a new analysis from the Urban Institute.
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23 October 2013
House flipping - the practice of buying and quickly reselling homes for a quick profit - dropped sharply in the third quarter of the year, after surging in late 2012.
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14 February 2013
Foreclosure starts have fallen to their lowest level in six-and-a-half years, after new regulations in California sharply reduced foreclosure actions there.
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26 January 2012
A settlement that could produce up to $25 billion in mortgage relief for homeowners is in doubt after it was rejected by the California attorney general, who said the proposed deal doesn't go far enough.
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15 September 2011
Newly initiated foreclosures jumped by one-third in August, a sign that banks may be stepping up efforts to clear out a backlog of seriously delinquent mortgages.
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11 February 2011
All four of California's "Hardest Hit Fund" anti-foreclosure programs are now operational, the state has announced, but only two have substantial participation from the nation's largest lenders.
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8 February 2011
The $7.5 billion allocated by the feds to 18 states and the District of Columbia for mortgage assistance programs is looking like more of a circus than a godsend.
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1 February 2011
U.S.home prices have already stabilized in about a quarter of all housing markets, although further steep declines are still ahead for some of the areas hardest hit by the housing crisis, according to a new analysis by information technology firm Fiserv.
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14 January 2011
(Updated Oct.2014).
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11 January 2011
Starting today, unemployed California homeowners can apply for up to $3,000 a month in mortgage assistance to tide them over for up to six months while looking for work.
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7 January 2011
U.S.home prices fell by 4.1 percent during 2010, with a somewhat smaller decline predicted for the current year, according to new figures from Clear Capital market research.
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7 January 2011
Although many housing markets are expected to fully recover from the impacts of the economic downturn within a decade, others may remain mired in decline for years to come, perhaps even coming to resemble Old West ghost towns.
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2 December 2010
Buyers of foreclosed homes obtained their biggest discounts in nearly five years during the third quarter of the year, shaving nearly one-third off the price of comparable residential properties.
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2 December 2010
According to new consumer activity collected by MortgageLoan.com between October 15 and November 15 2010, the New York City metro area and cities in Florida are seeing overall increases in mortgage and refinance requests.Requests in Boston, Texas, and the Southwest are mixed.
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29 November 2010
If you need a mortgage or are looking to arrange a loan modification, there are fewer people working in the mortgage industry who might assist you than there were a few months ago.
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24 June 2010
The Obama Administration has authorized the release of $1.5 billion for foreclosure prevention efforts in the five states hardest hit by the housing crisis, beginning almost immediately.
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