| Jun 5, 2014
| 8:45 AM
Reversing a five-week trend, fixed mortgage rates edged higher this week, with lenders telling Freddie Mac they were offering 30-year loans at an average interest rate of 4.14%, up from 4.12% last week.
The 15-year fixed mortgage, a favorite of...
| Apr 23, 2014
| 6:47 PM
Even though the recent financial crisis is barely in the rearview mirror, risk is starting to build once again in both the U.S. mortgage and housing markets.
Contrary to the prevailing view that only borrowers with pristine credit records can get a...
| Dec 6, 2013
| 4:45 PM
The federal government announced Friday it’s lowering home loan limits in South Florida and across the country next year.
For borrowers in Palm Beach and Broward counties, the maximum loan amount backed by the Federal Housing Administration will...
| Sep 5, 2013
| 2:24 PM
Board-certified real estate lawyer Gary M. Singer writes about the housing market at SunSentinel.com/housekeys each Friday. To ask him a question, click here.
Q: I have been thinking about getting a reverse mortgage for my home, but I heard that the...
| Jun 29, 2014
| 8:27 AM
Neighbors just south of downtown Hartford cheered when apartments and homes replaced a rundown public housing complex and when townhouses rose on a barren, vacant lot.
But those improvements in the Sheldon-Charter Oak neighborhood are overshadowed by the...
| Aug 6, 2013
| 7:29 PM
PHOENIX — President Obama on Tuesday got behind a bipartisan push to replace housing finance giants Fannie Mae and Freddie Mac with a new government approach to mortgage guarantees, criticizing a system that let bailed-out firms profit while...
| Aug 8, 2013
| 7:28 AM
WASHINGTON -- Boosted by the housing market rebound, bailed-out mortgage-finance giant Fannie Mae posted its sixth straight quarterly profit in the April-June period and will pay an additional $10.2 billion in dividends to the federal government.
| Aug 13, 2013
| 4:57 PM
There may be a new glitch in Richmond’s strategy to bring mortgage relief to residents using the city's eminent domain powers.
The federal government has raised concerns that participating homeowners may not be eligible to refinance into the kinds...
| Aug 16, 2013
| 6:49 PM
WASHINGTON — You may have seen two sets of news reports recently that didn't quite add up: First, President Obama called for the liquidation of Fannie Mae and Freddie Mac, the country's largest providers of funds for home mortgages. Then, Fannie Mae...
| Sep 6, 2013
| 9:05 PM
WASHINGTON — Policy changes by two of the biggest players in the mortgage market could open doors to home purchases this fall by thousands of people who were hard hit by the housing bust and who thought they'd have to wait for years before owning...
| Sep 4, 2013
| 4:27 PM
The Federal Housing Administration wants to make it easier for people who have defaulted on their mortgages to get a new home loan with FHA backing.
But there's a catch. To qualify for the break, borrowers must show that their foreclosure or...