Finance & Mortgage
'Why Ben Bernanke Can’t Refinance his Mortgage
'More US Homes Regain Positive Equity in Second Quarter
'London Home Prices Fall for First Time in Two years on Declining Demand
EDITOR'S PICKS
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Residents of a Chicago Mobile Home Park To Lose Water Access Days Before Thanksgiving
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Dozens Left Homeless After Apartment Fire Sparks In Durham
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Homebuying 101: 5 Red Flags To Watch Out For
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US Home Prices on the Rise: Here's Where Houses Are the Priciest
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Real Estate: 3 Things To Know Before You Start Investing
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Mortgage rates in the United States slid down slightly this week after it rose to its highest since May 2014 last week, according to Freddie Mac's Primary Mortgage Survey Index. -
'UK’s ‘Mansion Tax’ Could Hurt Property Market
The so-called "Mansion Tax" proposal in the United Kingdom could hurt the property market if put into effect, experts say. -
'Mortgage Availability Low Among Blacks and Hispanics - Report
Tight lending standards have made mortgage availability difficult for low and middle-income households, especially so for minorities like Blacks and Hispanics. -
'US Mortgage Rates at Their Highest Since May 2014
Mortgage rates in the U.S. rose to their highest since May 1, 2014 this week after holding steady at record lows in the past few weeks, the latest results of Freddie Mac's Primary Mortgage Market Survey revealed. -
'Experts Expect US Lending Standards To Fall in Next Three Months
The paradox between low mortgage rates and high lending standards has been a topic of much discussion of late. But industry experts are growing more positive about the tight credit underwriting standards and expect them to ease in the coming few months. -
'Wells Fargo Explains Why Americans Aren’t Buying Homes Right Now
The current housing scenario seems to have steadied. The rate of home price growth is slow, mortgage rates are at their lowest and supply is also picking up. So what is holding Americans from taking the property plunge? Fear apparently! -
'HSBC Settles Faulty Mortgage Lawsuit with FHFA for $550 Million
HSBC, the famous British banking giant, announced Friday that it has settled a faulty mortgage lawsuit with the U.S. Federal Housing Finance Agency (FHFA) for $550 million after it was found guilty of selling shoddy home loans to Fannie Mae and Freddie Mac. -
'US Mortgage Rates Inch Up Slightly, While Applications Hit New Lows
Mortgage rates in the United States inched up slightly in the week ended Sept. 10, 2014, according to Freddie Mac's weekly primary mortgage market survey. But, mortgage applications declined to their lowest since December 2000. -
'US Foreclosure Activity Up 7 Percent in August, RealtyTrac
Foreclosure activity in the United States ticked up seven percent in August, according to property intelligence firm's RealtyTrac's latest market report. -
'Banks May Be Holding Back Housing Market Recovery; Can They Help?
The housing market recovery has indeed been choppy. Though mortgage rates have been low, not many are able to take advantage of the scenario because lending standards are supremely high. Some analysts are blaming the financial institutions for holding back a full property market recovery. -
'US Mortgage Rates Barely Changed This Week: Freddie Mac
U.S. mortgage rates barely reflected any change this week, according to Freddie Mac's weekly mortgage market survey. -
'US Mortgage Applications Rise on Low Rates
Mortgage applications in the United States rose this week as home loan interest rates remained at record lows, according to the Mortgage Banking Association's (MBA) weekly applications report.
