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3 January 2014
High-income borrowers obviously have financial advantages when it comes to seeking a mortgage.But they're also more likely to pursue strategies that help them find the best deal, strategies their fellow borrowers might do well to adopt.
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26 December 2013
Mortgage borrowers who lose their homes to foreclosure or face financial difficulties due to being underwater on their loan could face another hit in 2014 - a big tax bill.
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20 December 2013
Did the Federal Reserve jump the gun? The day after the Fed announced the long-expected reduction in its economic stimulus program, there were some major signs that the economy, and the housing market in particular may not be doing as well as expected.
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17 December 2013
There's a big jump in mortgage fees coming this spring and it's headed straight for borrowers with good credit.
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14 December 2013
Changes at the top of federal bureaucracies often seem to have little effect on the average person.But this week's confirmation of former U.S.Rep.
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9 December 2013
Starting on New Year's Day, high-value homebuyers will have to scale their ambitions back a bit if they plan to use an FHA mortgage.
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6 December 2013
New mortgage rules taking effect next month won't change anything on homeowner's current mortgages and it won't prevent borrowers from taking out home loans with debt-to-income ratios above 43 percent, despite widespread claims to the contrary.
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3 December 2013
Homeowners whose mortgage debt is reduced through a loan modification or short sale could get hit with a tax bill if Congress doesn't act to extend a special exemption due to expire at the end of the year.
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26 November 2013
A new mortgage crisis, this one in home equity loans, could be brewing as payments are due to rise sharply for borrowers who took out such loans during the years of the housing bubble.
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22 November 2013
Mortgage borrowers will be getting simplified and more streamlined disclosures spelling out the terms of their loans, now that the new forms have been finalized by the Consumer Financial Protection Bureau (CFPB).
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22 November 2013
The decision by Senate Democrats to push the button on the "nuclear option" will likely have a significant impact on home loans by clearing the way for two Obama nominees to key posts with major influence over the mortgage markets.
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20 November 2013
Home purchase mortgages are expected to outnumber refinances next year for the first time since the turn of the century, according to a new forecast from Freddie Mac.
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19 November 2013
Consumer satisfaction with mortgage lenders is up for a third consecutive year and is at the highest level in seven years, according to the latest industry rankings from J.D.Power and Associates.
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1 November 2013
Prospective homebuyers who are looking for a good deal would do well to consider older homes, according to a recent analysis by the real estate data company RealtyTrac.
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30 October 2013
Foreclosure rescue scams are becoming more sophisticated, as perpetrators of such frauds devise more complicated schemes for taking advantage of homeowners seeking to avoid foreclosure.
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29 October 2013
Mortgage lending for home purchases is expected to increase by 9 percent next year, but overall lending is still expected to be down by nearly a third due to a continuing decline in refinance activity.
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25 October 2013
Looking for a good deal on a modestly priced home? You might have some serious competition from deep-pocketed investors.
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24 October 2013
Fixed mortgage rates dropped to their lowest levels in four months this week, amid growing assumptions that the Federal Reserve will not scale back its bond purchase program any time before the end of the year.
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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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