| Sep 7, 2014
| 5:00 AM
Hundreds of thousands of home sellers have had their pockets picked at closings during the last decade: They've been charged interest on their mortgages after their principal debts had been fully paid off.
This practice, endorsed by a federal agency,...
| 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...
| Aug 18, 2014
| 12:48 PM
Is it more difficult to borrow money for a mortgage today than it was just three years ago when pretty much anyone with a last name was approved for financing? Yes -- and it should be to avoid the kind of foreclosure crisis we're facing right now. Is it...
| Jul 26, 2014
By Curtis Austin
Roger Vazquez knows more about what it takes to succeed than most people. Roger, a graduate of City College in Fort Lauderdale, is an emergency medical technician in Lauderdale Lakes who survived a traumatic accident of his own. In the...
| Aug 25, 2014
Legitimate sober home or scam operator? It's hard to tell the difference. State and federal lawmakers, Department of Justice and HUD officials, and mental health agencies must act to curb widespread abuses associated with sober homes and the addiction...
| 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...
| May 4, 2014
| 5:00 AM
WASHINGTON — The name itself conjures up images of ATMs: cash-outs.
You may associate the term "cash-out refinancing" with the frothy and dangerous days of the real estate boom, when some owners turned their hyper-inflating houses into money...
| Apr 10, 2014
| 2:30 AM
By Ilyce Glink and Samuel J. Tamkin
Q: I am a CPA (retired). When the subject of underwater homeowners comes up, it seems that advice on this matter always ignores one truth that deserves to be told. When one takes out a mortgage to purchase a home,...
| Mar 30, 2014
| 5:00 AM
WASHINGTON — Can you be charged interest on your mortgage even after you've fully paid it off? Can the meter keep running when you owe the bank nothing — your principal balance is zero?
Surprise! Much to the chagrin of large numbers of...
| Mar 11, 2014
| 10:48 AM
WASHINGTON -- Congressional efforts to shut down bailed-out Fannie Mae and Freddie Mac took a significant step forward Tuesday as key senators announced bipartisan agreement on a plan to overhaul the housing finance system.
The proposal, which will be...