home finance

Sales, prices of second homes tumble

Sales of vacation homes and investment properties slid 30 percent last year as tough economic conditions and tight lending requirements shut out buyers.

Mortgage rates drop to record low

Rates on 30-year mortgages fell this week to the lowest level on record after the Federal Reserve launched a new effort to assist the staggering U.S. housing market.

Feb. new home sales rise unexpectedly

New home sales rebounded unexpectedly last month, but were still the second-worst on record and remained well below last year's levels, according to data released Wednesday.

Mortgage applications surge 32.2 percent

U.S. mortgage applications jumped last week as record low interest rates spurred a surge in demand for home refinancing loans, data from an industry group showed on Wednesday.

When your mortgage application is rejected

Your mortgage application has been rejected, but fear not: Here are some tips on how to deal with it.

Mortgage rates hit record low, may fall further

Rates on 30-year mortgages plunged to a record low Thursday after the Federal Reserve launched a new effort to prop up the flailing housing market.

Foreclosures continued to rise in February

Despite halts on new foreclosures by several major lenders, the number of households threatened with losing their homes rose 30 percent from last year's levels.

Mortgage rates continue upward trend

Rates on 30-year-fixed mortgages rose this week amid reports showing a worse-than-expected plunge in the nation’s gross domestic product and increasing jobless figures.

House OKs bill to let judges rewrite mortgages

The House has passed legislation to give debt-strapped homeowners a chance to win lower mortgage payments through bankruptcy courts.

Syndicate content
Privacy |Terms and Conditions
Copyright © 2003-2009 Loclus LLC. All rights reserved