One In Three Homeowners Owes Bank More Than Home Is Worth: Study
If you're looking for good news about the housing market, you're going to have to wait awhile longer, as new research continues to paint a grim pictur...
If you're looking for good news about the housing market, you're going to have to wait awhile longer, as new research continues to paint a grim pictur...
Michael Farr | Posted 05.03.2012
We continue to believe that investors are underestimating the risks inherent to the bond market at this stage in the game. Bond investors are not being compensated for the risks they are assuming when they are not even able to earn the expected rate of inflation.
Reuters | Posted 04.25.2012
NEW YORK, April 24 (Reuters) - The U.S. housing market is likely to remain weak and may take a generation or more to rebound, Yale economics profess...
Reuters | Posted 05.19.2012
By John Wasik March 16 (Reuters) - I got a letter from my bank the other day offering a streamlined refinancing deal for my current home mortg...
The Huffington Post | Mark Gongloff | Posted 02.10.2012
Housing, with some help from Wall Street, got us into the Great Recession, and it is housing that has made the recovery from that recession so slow an...
Richard Barrington | Posted 02.20.2012
Will customers be treated to higher deposit or higher fees? Or will a wild card such as technology dominate banking news in 2012?
AP | By DEREK KRAVITZ | Posted 11.30.2011
WASHINGTON -- This should be a great time to buy a first home. Prices have sunk to 2002 levels. Sellers are waiting anxiously as homes languish on the...
Harlan Green | Posted 12.02.2011
When two presidents -- President Obama in his new jobs plan and President Clinton on the Sunday TV talk shows -- say that real estate has to recover for our economy to recover, it should take precedence in discussions on how to boost economy growth.
AP | By DEREK KRAVITZ | Posted 12.01.2011
WASHINGTON -- Mortgage rates have skated near record lows for weeks. But now it can finally be said: Long-term rates in the United States have never b...
AP | DEREK KRAVITZ | Posted 11.27.2011
WASHINGTON — The depressed housing market flashed a positive signal in July, with home prices in most major U.S. cities rising for the fourth straig...
USA TODAY | By Julie Schmit | Posted 11.14.2011
Homebuyers such as Bob and Janet Zych have fueled the U.S. housing market for decades. They have excellent credit with scores that top 800, life-lo...
AP | Derek Kravitz | Posted 10.11.2011
WASHINGTON (AP) -- Fixed mortgage rates fell to at or near record lows. That's good news for the few who can afford to buy a home or are able to refin...
Posted 09.19.2011
Applications for home mortgages surged last week, racking up the biggest increase in four months on a flood of refinancing demand as interest rate...
AP | MICHELLE CONLIN and JANNA HERRON | Posted 05.25.2011
NEW YORK — The days of the absurdly low mortgage rate are over. The average rate for a 30-year home loan rose above 5 percent this week for the...
The Huffington Post | Abby Wendle | Posted 05.25.2011
The rebound in interest rates may prevent already reluctant buyers from taking out a mortgage or refinancing their home according to a recent report f...
AP | JANNA HERRON | Posted 05.25.2011
NEW YORK — The average rate on 30-year fixed mortgages rose this week to the highest level in seven months, reflecting higher yields on long-term Tr...
AP | Posted 05.25.2011
NEW YORK — Applications for mortgages slipped last week, as a drop in refinance activity offset a gain in purchase applications. The Mortgage B...
AP | ALAN ZIBEL | Posted 05.25.2011
WASHINGTON — Rates on 30-year mortgages matched the lowest level in decades and rates on 15-year loans dropped to their lowest point in nearly 2...
Posted 05.25.2011
If you're in the market for a detailed, if byzantine, explanation of how banks ended up repackaging and buying their own own securities during the hou...
Mary Tootikian | Posted 05.25.2011
Educators beware. The next time you buy supplies to help out your school and then take the 2106 expense deduction on your tax return, it could cost you approval of your home loan.
washingtonpost.com | Dina ElBoghdady | Posted 05.25.2011
The sudden weakness in residential real estate has struck nearly every region of the country, according to recent government and industry data, drivin...
AP | ALAN ZIBEL | Posted 05.25.2011
WASHINGTON — Mortgages are cheaper today than they've been in a half-century. If only most people had the job security, the credit score and the...
Huffington Post | Sara Yin | Posted 05.25.2011
Siding with Washington Post's's Ezra Klein, on his blog, Paul Krugman wants to clear the air about the comparisons being made between the economic ten...
walletpop.com | Ann Brenoff | Posted 05.25.2011
The good news: Mortgage rates dropped to their lowest levels in more than 50 years. The bad news: You need to have a job and impeccable credit to get...
AP | ALAN ZIBEL and ADRIAN SAINZ | Posted 05.25.2011
WASHINGTON — The era of record-low mortgage rates is over. The average rate on a 30-year loan has jumped from about 5 percent to more than 5.3 ...
Loren Berlin | Posted 05.25.2012