Lenders pledge funds to hire mortgage counselors in California (San Francisco Chronicle) Major mortgage lenders have pledged $4.6 million to hire more mortgage counselors in California to help homeowners at risk of defaulting on their home loans, an advocacy group said Monday.
Little-Known Option Available to Avoid a Home Foreclosure LAKELAND | When Larry and Daisy Lizardi bought their Lakeland home four years ago, payments on a $280,000 home with a balloon mortgage were manageable. But medical problems and a
CIBC changes mortgage rates (CNW Group via Yahoo! Finance) CIBC today announced the following changes in residential mortgage rates:via
Worst may be over for housing The year-long slump in the housing market may be near a bottom, say home builders - though it could take a while before prices rebound.Commentread more...
Fed Takes Aim at Deceptive Home Lending Practices The Federal Reserve proposed new regulations yesterday to clean up a broad array of deceptive mortgage lending practices, a move that represents the central bank's most significant response to
First-time buyers facing affordability crisis New mortgage figures show that the amounts first-time buyers are borrowing as a proportion of their salaries has hit a record.Commentread more...
U.S. home-furnishings companies have seen growing demand for smaller-scaled furniture from homeowners whose plans to trade up are on hold because of a chill in the housing market.

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