States say Fed should address mortgage payments (Reuters)
Posted on: 06/01/2007
As regulators in Washington hammer out a final directive on how the mortgage industry should provide hybrid products, state regulators say the regulation must also address the ability of borrowers to repay loans on their homes.
April pending home sales index fell 3.2 pct (Reuters)
Posted on: 06/01/2007
Pending sales of existing U.S. homes in April unexpectedly fell to its lowest since February 2003, data from a real estate trade group showed on Friday.
Realty Q&A: Inheriting a house can complicate title issues (MarketWatch)
Posted on: 05/31/2007
WASHINGTON -- Question: We need some objective advice before going to an attorney. Our parents, both now deceased, own our family home as joint tenants. In 1975, my father did a quit claim, granting his interest to my sister and me.
Home price rise slowest in a decade (Reuters)
Posted on: 05/31/2007
Average U.S. home prices rose 0.5 percent in the first quarter from the prior quarter and 4.3 percent from a year earlier, but price appreciation was the slowest in a decade, a federal regulatory agency reported on Thursday.
4 steps to take before borrowing on home (Bankrate.com)
Posted on: 05/31/2007
Know your rights and understand all the terms before agreeing to a loan.
Tapping home equity after a bankruptcy (Bankrate.com)
Posted on: 05/31/2007
First get your credit reports and score to see if you're subprime credit, says Dr. Don.
U.S. mortgage rates edge higher for third straight week (at MarketWatch)
Posted on: 05/31/2007
PHILADELPHIA -- let2see rates edged higher for a third straight week, Freddie Mac said Thursday, with the national average on the benchmark 30-year, fixed-rate loan hitting 6.42%, up from 6.37% a week earlier.
Home loan demand off as rates hit 7-month high (Reuters)
Posted on: 05/30/2007
U.S. mortgage applications fell last week, weighed down by a plunge in demand for home refinancing as interest rates reached seven-month highs, an industry group said on Wednesday.
let2see applications fall (CNNMoney.com)
Posted on: 05/30/2007
let2see applications declined last week as interest rates hit seven-month highs, according to the latest report by the let2see Bankers Association.
Pluses and pitfalls of home equity borrowing (Bankrate.com)
Posted on: 05/30/2007
Leveraging the equity in your home can be a savvy financial move or a step backward. Here's a look at the pluses, pitfalls and alternatives to home equity borrowing
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