Existing home sales at record high Sales of existing U.S. homes surged an unexpectedly large 4.5 percent to a record high in April and home prices posted the biggest annual gain in almost 25 years, a
U.S. mortgage applications down (UPI) WASHINGTON, Dec. 21 (UPI) -- U.S. mortgage applications last week fell 4 percent, an industry group reported Wednesday. The Mortgage Bankers Association said that for the week ending Dec. 16
C&G pulls its entire mortgage range (Guardian Unlimited) There was more bad news for homebuyers today when one of Britain's biggest mortgage lenders, Cheltenham & Gloucester, withdrew its entire home loan range with little noticeread more...
Even the renters now feel the mortgage crisis (The Salt Lake Tribune) The mortgage mess is claiming a new group of victims: renters. Across the country, a rising number of landlords are falling behind on mortgage payments, sending their properties into
Home loan apps plummet 14% Bob's right on about the pros and cons of flipping houses. But he might want to include something about buying property with your IRA.Commentread more...
Banks Loosen Up Mortgage Loan Rules As Interest Rate Hikes Dampen Demand (Investor's Business Daily via Yahoo! News) Banks continued to loosen their standards for making residential mortgages even as they reported weaker demand over the last three months, said a Federal Reserve survey of banks' senior
For the past eight years, Rusty Karpiak has been living on a monthly disability check, her savings and a credit card, a strategy that has saddled her with more than $25,000 in credit card debt.
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