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Mortgages

A collection of news and information related to Mortgages published by this site and its partners.

Top Mortgages Articles

Displaying items 100-110
  • Report: South Florida housing market nearing stability

    Report: South Florida housing market nearing stability
    South Florida's housing market is steadily improving and closing in on a benchmark stable range, according to a national report released Tuesday. Palm Beach, Broward and Miami-Dade counties scored a 72 on Freddie Mac's Multi-Indicator Market Index for...
  • Can homeowner recover attorney fees in successful lawsuit?

    Can homeowner recover attorney fees in successful lawsuit?
    Q: I am considering filing a lawsuit against the person who sold me my house. There are many problems, and the estimate to repair it is over $60,000. My concern, however, is that I do not want to spend a lot of money on legal fees unless I know that I...
  • Mortgage rates edge up, but still at 19-month low

    Mortgage rates edge up, but still at 19-month low
    Average U.S. mortgage rates rose slightly this week, but the benchmark 30-year rate stayed near a 19-month low. Mortgage giant Freddie Mac says the nationwide average for a 30-year fixed rate mortgage increased to 3.87 percent this week, up from 3.83...
  • Review: 'The Working Man's Reward' by Elaine Lewinnek

    Review: 'The Working Man's Reward' by Elaine Lewinnek
    Define "suburb." More specifically, define "Chicago suburb." The task is harder than it at first seems. Affluent residential communities from which the elite commute to the Loop? Sure, but what about Cicero or Blue Island? OK: Smaller towns outside...
  • Mortgage rates defy experts to close year below 4%, Freddie Mac says

    Mortgage rates defy experts to close year below 4%, Freddie Mac says
    Closing out a year of surprisingly low mortgage interest rates, the average rate for a conventional 30-year home loan was 3.87% this week, Freddie Mac said, up slightly from 3.83% a week ago. The home-financing giant reported that the 30-year rate...
  • Signed contracts to buy homes rise 0.8 percent in November

    The number of Americans signing contracts to buy homes rose modestly in November as a strengthening economy helped nudge some would-be homebuyers. The National Association of Realtors said Wednesday that its seasonally adjusted pending home sales index...
  • How to get a home-run refinance

    Q: What is the best mortgage lender with the best interest rates to refinance our home mortgage? We only owe 1/3 of what our home appraises for in today's market. A: We love when people ask this question because the answer changes depending on what...
  • Shaky income history hampers mortgage borrowers

    Q: I've earned $3,500 a month for the last 10 months, but my previous two years' worth of tax returns only showed that I earned $12,000 per year. How can I quality for a $200,000 house in this situation? I have an 800 credit score and $30,000 to put...
  • Moving on up: Mortgage interest rates expected to climb as Millennials look to become first-time homebuyers

    Expect to see two big trends in the housing market in 2015: rising mortgage interest rates and the impact of the Millennial generation in homebuying and apartment renting. "Interest rates remained lower than expected in 2014 and will likely remain low...
  • Mortgage rates defied forecasts in 2014; what's ahead in 2015?

    Mortgage rates defied forecasts in 2014; what's ahead in 2015?
    Housing economists were nearly unanimous a year ago: U.S. mortgage rates would rise in 2014 because the Federal Reserve was unwinding a key economic stimulus that had helped keep long-term interest rates low. But as the year passed, the Fed's pull-...
  • Purple Heart recipient awarded Hampton home at Rose Parade

    Purple Heart recipient awarded Hampton home at Rose Parade
    With a seat of honor in the Rose Parade and keys to a mortgage-free home, 2015 is already a shaping up as a decent year for Dominic Perrotte. And he can reflect on his good fortune in Hampton, because that’s where his new home will be....