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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 67-77
  • Exterior replacement projects offer best bang for buck

    Exterior replacement projects offer best bang for buck
    Remodeling a home this year may not pack quite the punch it has during the past few years. While costs for the work have continued to increase, the payback in terms of home appreciation isn't as great, according to real estate agents who helped...
  • Contest to succeed Sen. Boxer prompts hectic maneuvering among possible California candidates

    California Attorney General Kamala Harris on Tuesday became the first Democrat to enter the high-stakes, high-dollar race to replace Barbara Boxer in the U.S. Senate. The decision by Harris marked the opening of what promises to be a wide-open contest...
  • Climate warms for Orlando-area homebuyers

    Climate warms for Orlando-area  homebuyers
    Investors beat homebuyers to snap up cheap homes in Orlando in recent years, but new mortgage options might open a few doors, particularly for first-time buyers. During the past month, mortgage-finance giants Fannie Mae and Freddie Mac detailed plans...
  • California seeking to suspend Ocwen Financial's mortgage license

    California seeking to suspend Ocwen Financial's mortgage license
    The state is seeking to suspend the mortgage license of Ocwen Financial Corp., saying the payment collection firm has failed to turn over documentation showing that it complies with California laws protecting homeowners. The action is the latest against...
  • A looming battle over home appraisals

    Could a controversial new program set for launch nationwide this month by giant mortgage investor Fannie Mae lead to slower and costlier home sale closings and more disputes over prices between sellers and buyers — busting deals when the appraised...
  • Obama touts reduction in FHA insurance rate

    President Barack Obama on Thursday laid out the administration's latest effort to breathe new life into the nation's housing market and increase the ranks of first-time buyers, now at a 27-year low. By month's end, the Federal Housing Administration...
  • Congress extends phantom income exception for underwater homeowners

    Q: I sold my townhome through a short sale back in March. I had to sell it due to problems with tainted Chinese drywall. An investor purchased the home and completed gutted the house. (The neighboring homes are also contaminated with bad Chinese drywall.)...
  • The Mortgage Professor: The fixed-rate, adjustable-rate decision

    A reader caught me off guard the other day by saying that she had counted 28 articles on adjustable rate mortgages on my website, but all of them pertained to standard mortgages. Not one applied to reverse mortgages, and she wondered whether that was...
  • Homebuying millennials could put squeeze on tight Seattle-area market

    SEATTLE Ben and Kellen Goldsmith, both in their late 20s, feel lucky to have bought their first home last month for $620,000 amid one of the tightest Seattle-area housing markets in at least a decade. The new, three-story town home offered the...
  • Mortgage rates tumble

    Average interest rates on fixed-rate mortgages fell this week to their lowest level since May 2013, Freddie Mac said Thursday. The average rate on a 30-year loan was 3.73 percent, down from 3.87 percent last week and 4.51 percent a year ago. For a 15-...
  • FHA rate reduction will lower mortgage insurance premiums

    FHA rate reduction will lower mortgage insurance premiums
    The Federal Housing Administration will reduce the mortgage insurance premium rate charged on loans backed by the agency in an effort to turn more renters into homebuyers, the White House confirmed Wednesday. The 0.5 percentage point decrease in the...