Latest Mortgages News

Refinancing can save you thousands of dollars

For Many Homeowners, There’s No Better Time to Refinance

Refinancing can save you hundreds of thousands of dollars As our attention has become focused on the current tough economic patch, many are missing a great opportunity to save tens ...
House prices showed an unexpectedly sharp increase in August

Home Prices Rise 0.8% in June, Non-Distressed Prices are Stable

Home prices showed a 0.8% increase in July 2011 Home prices in the U.S. increased by 0.8% in July 2011 compared to June 2011, the fourth consecutive month-over-month increase, according ...
House prices showed an unexpectedly sharp increase in August

Home Prices Rise 0.7% in June, Foreclosures Still a Drag on Market

Home prices showed a modest increase in June Home prices in the U.S. increased by 0.7% in June 2011 compared to May 2011, the third consecutive month-over-month increase, according ...
Low mortgage rates offer great opportunities to refinance

Mortgage Rates Fall to New Lows

Low mortgage rates offer great opportunities to refinance As politicians engaged each other in ideological and legislative combat last week, mortgage rates fell to new lows. The most ...
N.C. Foreclosure Prevention Fund Caseworkers

Hardest Hit Fund Helps Homeowners in 18 States Plus DC

N.C. Foreclosure Prevention Fund Caseworkers The Obama Administration launched the Hardest Hit Fund back in 2010 to help homeowners avoid foreclosure in areas hardest hit by steep home ...
This will set you back only $175 million

Most Expensive Home in the U.S. – Got $175 Million, Anyone?

This will set you back only $175 million We have been through the era of conspicuous consumption (though some say we never left it…)  We have also been through the housing crash, ...
House prices showed an unexpectedly sharp increase in August

Home Prices Edge Upward in May – S&P/Shiller Report

Home prices showed a modest increase in May Standard and Poor released its S&P/Case-Shiller Home Price Indices today showing that through May 2011, prices of homes in the U.S. showed ...
Consumers have gloomy expectations for housing

New Fannie Mae Survey Shows Cloudy Housing Outlook

Consumers have gloomy expectations for housing Fannie Mae (the Federal National Mortgage Association) has released a new June 2011 study showing gloomy attitudes by Americans towards ...
Could back-door risky loans lead us back here?

Risky Loans Gradually Return to the Market

A few years after bad subprime housing loans tanked the U.S. economy, they appear to be making a comeback, according to a recent article in the WSJ. New rules and oversight in place ...
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The Priciest and Cheapest U.S. Housing Markets in 2011

Living among the rich and famous in Newport Beach is the priciest Coldwell Banker Real Estate LLC just released its housing survey for 2010/2011 ranking over 2,300 housing markets in ...
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Banks Quietly Cut the Principal on Some Mortgages

Some are getting their loans reduced without asking The New York Times is reporting that some banks, including JP Morgan Chase and Bank of America have begun to modify terms on loans ...
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Roll Up Your Sleeves, Save Money During Remodeling

Elbow grease can save you thousands A few months ago, we decided to remodel our outdated bathrooms, but were understandably wary about contractors and all the stories we heard about ...
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What you should know about refinancing your mortgage

You should regularly check for mortgage refinancing opportunities If you have a mortgage, you should always be on the lookout for refinancing opportunities. In other words, you should ...

Top Alabama 15-Year Mortgages

Below are 10 of the best rates for 15-year standard mortgages in Alabama.  The loan assumes a loan of $200,000, a $40,000 down payment and very good credit. LenderRateAPRMonthly ...

Top California 15-Year Mortgages

Below are 10 of the best rates for 15-year standard mortgages in California. The loan assumes a loan of $200,000, a $40,000 down payment and very good credit. LenderRateAPRMonthly ...