Archive | Banking/HomeFinancing/

Time to dump the housing tax credit?

Government support that artificially props up home values is forestalling a real recovery for the housing market.

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Time to dump the housing tax credit?

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24% of home mortgages ‘underwater’

That’s an increase from over the third quarter and a year ago. Five states, including Nevada and California, continue to have most of the problems.

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24% of home mortgages ‘underwater’

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Mortgage rates at 2010 low — but not for long

If you’ve been shopping for a home, now may be the time to buy. Mortgage rates are expected to rise sharply within the next few weeks.

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Mortgage rates at 2010 low — but not for long

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Check up on your mortgage broker

A new, free Web site lets potential homebuyers look up a loan originator to learn whether any actions have been taken against him or her in the past decade.

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Check up on your mortgage broker

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Mortgage hardship applicants in limbo

Chase denied an untold number of loan modifications for a reason that is now prohibited: It determined that homeowners’ financial troubles were temporary.

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Mortgage hardship applicants in limbo

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Buying a home? Make lenders love you

With post-crisis credit still tight, you’ll need to work harder to demonstrate you can handle a mortgage. Jump through these 5 hoops to prove you’re worthy.

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Buying a home? Make lenders love you

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The mortgage double standard?

If corporate America can walk away from mortgages, why is it wrong for you?

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The mortgage double standard?

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FHA loans get dramatically costlier

Homebuyers with credit scores below 580 now need 10% down, not 3.5%, and all buyers will pay more insurance upfront.

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FHA loans get dramatically costlier

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A recession divorce: No one wants the house

With the housing market still struggling, one of a couple’s biggest assets can be a liability if they’re breaking up. Should they stay together for the sake of the house?

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A recession divorce: No one wants the house

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Mortgage program part of the problem?

The federal Making Home Affordable program, designed to save homeowners from foreclosure, may be doing more harm than good for borrowers and banks.

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Mortgage program part of the problem?

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