Year-Over-Year Price Gains in 91 Markets
Of the metro areas with higher prices in the first quarter, 29 had double-digit increases. Nationally, the median price remained flat from the year earlier and sales rose 11 percent.
Read more >
Stevens: We Need to Make FHA Stronger
FHA Commissioner David H. Stevens says the agency continues to play a pivotal role in housing recovery but emphasized that reform is critical.
Read more >
Borrowers Choose Default Out of Anger Or Fear
University of Arizona Professor Brent White’s new study reveals that owners default on their mortgage out of frustration for paying for a loan that is more than what their house is worth.
Read more >
Census: More People on the Move in 2009
Last year, 37.1 million Americans moved to a different home, but experts say this doesn’t necessarily mean there’s “light at the end of the tunnel” for the real estate market.
Read more >
Home Equity Line Paid for Bomb School
Faisal Shahzad used a $65,000 second mortgage to pay for a trip to Pakistan to learn how to make explosives before bombing Times Square.
Read more >
Fannie Mae Needs $8.4 Billion More
After posting a $11.5 billion loss, the lending giant has asked the government for even more aid.
Read more >
Housing Inventory Tight in Parts of the Country
San Francisco, Phoenix, and Denver rank among the top areas where supply is limited and demand is growing.
Read more >
Credit Companies Report Positive Mortgage News
TransUnion and Fitch Ratings say that borrowers are becoming more current on payments and the market is stabilizing.
Read more >
Advertisements