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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
  • Couple face foreclosure on home they sold in 1994

    Couple face foreclosure on home they sold in 1994
    A recent knock on the door of Sheridon and Susan Turner's suburban home delivered news that shocked the elderly couple: Wells Fargo was suing them for foreclosure on a home they sold 21 years ago. The Turners sold the house on Hidden Lake Drive in...
  • Housing market improving, but affordability could be an issue

    Housing market improving, but affordability could be an issue
    The housing market continues to grow more stable across South Florida, though affordability bears watching this year, mortgage company Freddie Mac said Wednesday. Palm Beach, Broward and Miami-Dade counties scored 75.4 in January on Freddie's Multi-...
  • Mortgage rates fall for a second week, Freddie Mac says

    Mortgage rates fall for a second week, Freddie Mac says
    Mortgage rates fell this week, with lenders offering a 30-year fixed loan at an average of 3.69%, down from 3.78% a week ago, Freddie Mac said. The mortgage giant’s weekly survey, released Thursday, showed the average rate on a 15-year fixed...
  • County programs aim to broaden affordable housing options

    County programs aim to broaden affordable housing options
    There are about 13,000 federal rental assistance vouchers in suburban Cook County's housing program. They're all spoken for, and the wait list has been closed for years. Yet the Housing Authority of Cook County continues to plan programs, including a...
  • Cubs, Wrigley rooftops spar in 7-hour hearing to halt signs

    Cubs, Wrigley rooftops spar in 7-hour hearing to halt signs
    In their court battle Monday with the Cubs, two Wrigley rooftop businesses have said the team's 2,250-square-foot right field video board will block their views into Wrigley Field. In turn, they say, bankruptcy is possible, as is foreclosure on their...
  • US new-home sales surge in February

    US new-home sales surge in February
    WASHINGTON (AP) — Sales of new U.S. homes in February climbed to their fastest pace in seven years, as an otherwise dormant housing market showed fresh signs of life. The Commerce Department said Tuesday that new-home sales shot up 7.8 percent...
  • 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...
  • 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...
  • Mortgage rates falling; 30-year drops to 3.78%, Freddie Mac says

    Mortgage rates falling; 30-year drops to 3.78%, Freddie Mac says
    Long-term interest rates declined this week, with Freddie Mac saying lenders were offering conventional 30-year mortgages at an average of 3.78%, down from 3.86% a week ago. The average for 15-year fixed home loans slipped to 3.06% from 3.1%, the...