New reverse-mortgage option welcomed by lenders On Nov. 8, Texans voted yes on a ballot referendum item that called for amending the Texas Constitution that allows lenders to offer reverse mortgages as lines of credit.read more...
Bankrate: Mortgage Rates in a Holiday Holding Pattern (FinanzNachrichten) NEW YORK, Dec. 22 /PRNewswire/ -- Mortgage rates were largely unchanged this week, as financial markets showed little movement ahead of the Christmas holiday.read more...
Real Estate Live Post Real Estate editor Maryann Haggerty takes your questions and comments about the local housing market. read more...
Mortgage losses hurt National City in Q1 (South Florida Business Journal) A "difficult environment" for its mortgage operations took National City Corp.'s earnings below analysts' expectations for the first quarter, the bank said.read more...
What is a PiggyBack? To understand what a "piggyback" loan is, you must first know what a second mortgage is.Commentread more...
Washington Examiner: Business A judge told the Internal Revenue Service that he intends to rule that tax collectors were too restrictive while looking for companies to run the first phase of the agency's
Mortgage rates have dropped to their lowest levels since the summer of 2005, as more people become convinced that the economy is in a housing-led slowdown.
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