News

Competition among banks for the mortgage business of wealthy consumers is driving down interest rates on jumbo mortgages to the point that they’re lower than conforming loan products…

B of A’s Countrywide was ordered to pay $1.3 billion in penalties for defective mortgage loans sold to Fannie Mae and Freddie Mac in the run-up to the 2008 financial crisis, a little more than half of what the federal government had requested.

Private mortgage insurers could be forced to raise prices if Federal Housing Finance Agency’s private mortgage insurer eligibility requirements go into effect as proposed…

Catering to a “new generation” of homebuyers has a different set of values…

Home sellers are deciding not to move because their current mortgage rates are so absurdly low it would hurt them financially to sell.

The United States is their preferred destination, and American real estate is becoming their new T-bills, a safe-haven asset…

Sellers need a hardship to do a short sale, however; there are ways to do a short sale without a hardship…

Debt-to-income ratios for home loans are the most direct indication about being able to repay the money you want to borrow…

If you’re moving back home, there are things you’re going to want to think about, including how to talk to parents who still want to treat you like a teenager…

There’s one fundamental truth about house hunting: You can never fully escape the haters…