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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 23-33
  • Habitat for Humanity to dedicate home to slain Md. sailor

    Habitat for Humanity says it's dedicating a home in western Maryland to a local sailor who was fatally shot in Norfolk, Virginia, one year ago. The Herald-Mail of Hagerstown (http://bit.ly/1xuGH5Z ) reports that the honor stems from Petty Officer 2nd...
  • Antonio Villaraigosa landed a $1.96-million mortgage

    Antonio Villaraigosa landed a $1.96-million mortgage
    Since former L.A. mayor Antonio Villaraigosa bought a house in Hollywood Hills for about $2.5 million, readers have been asking: How can he afford this home? We do not know. But since you asked, information that has appeared in the public record is...
  • Down payments can vary widely by housing markets

    Down payments can vary widely by housing markets
    For the past several years, it's been a rule of thumb that to buy a home with a conventional mortgage, you'll need to put down 20 percent of the purchase price. At least, that's the oft-repeated mantra in the financial media. But it turns out that...
  • Bill addressing foreclosure-prevention options under fire

    Housing advocates say an Indiana law that has helped thousands of residents avoid foreclosure could be gutted under a bill lawmakers are considering. An amendment to a bill introduced by Republican Sen. James Merritt deals with the 2010 mortgage...
  • Developer who didn't repay loans gets New Jersey tax credits

    State tax incentives to boost New Jersey's poorest city are being heralded as a major piece of a turnaround plan after decades of economic despair, corruption and crime. But after a string of revitalization efforts with dubious results, Camden is...
  • Retired Marine to receive mortgage-free home in Oakland

    Retired Marine to receive mortgage-free home in Oakland
    A Marine staff sergeant from Kissimmee, wounded in combat in Iraq, was chosen by Home At Last Project to receive a mortgage-free home. The "disability-friendly" house, to be located at the corner of Cross Street and Briley Avenue in Oakland, is the...
  • 'Underwater' mortgages decline in the fourth quarter

    'Underwater' mortgages decline in the fourth quarter
    Fewer South Florida homeowners were hamstrung by "underwater" mortgages at the end of 2014, a new report says. In Palm Beach County, 41,000 homeowners, or 16 percent of all mortgage holders, owed more than their properties were worth, according to...
  • Why Fed won't have a big impact on your loans anytime soon

    Nobody knows when exactly, but the day will eventually come when the Federal Reserve nudges its benchmark lending rate from next to zero to something slightly higher. When that happens, it will put upward pressure on borrowing rates throughout the...
  • Online home sales are becoming a reality

    SAN JOSE, Calif. Are you ready to buy your next home with a single mouse click? You can't just yet, but several new ventures are lining up to make what's probably the biggest transaction of your life the purchase or sale of a home a one-stop online...
  • The Mortgage Professor: Mortgage points: A powerful option often neglected

    Mortgage points are an upfront payment to the lender, expressed as a percent of the loan amount. For example, one point on a $210,000 loan is $2,100. Points are part of the price of a mortgage, along with the interest rate. As I write this article...
  • Average US rate on 30-year mortgage falls to 3.78 percent

    Average long-term U.S. mortgage rates fell this week, remaining near historically low levels at the start of the spring home-buying season. Mortgage giant Freddie Mac said Thursday the national average for a 30-year fixed-rate mortgage declined to 3.78...