Home prices continue rise, but sales decline (Reg Req'd) The Bay Area real estate market remained buoyant during May, as half the houses and condominiums sold cost more than $595,000 -- even though transaction volumes fell in every one
Paying mortgage helps heirs (The Arizona Republic) When does it make sense to pay off my mortgage?read more...
FHA raises mortgage insurance fee to 1.75% (San Francisco Chronicle) Borrowers who take out government-insured mortgages will have to pay higher fees under new rules announced this week. Effective Oct. 1, the Federal Housing Administration will raise its mortgage insurance
New Mortgage Rescue Goes Beyond Subprime (ABC News) Lenders Offer Broader Mortgage Plan Extended to Borrowers of All Loans, Not Just Subprime read more...
Rising Costs Weaken Florida's Allure The state has been a magnet for mobile Americans for almost a century, but less so now. A rebound would likely require housing prices to fall further than they already
Prepaying mortgage a good move -- for some (The Morning Call) Much attention is being paid to homeowners who can't afford their mortgage payment. But what if your bill is manageable? Or your loan's interest rate hasn't moved upward just yet?read
Ontario Finance Minister Dwight Duncan has introduced legislation to replace the current Mortgage Brokers Act. The new legislation aims to improve consumer protection, enhance and modernize financial regulation and encourage greater competition and choice for consumers.
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