Mortgage rates are tantalizingly low. But for some homeowners, the opportunity to refinance could be scuttled by an appraisal.
As the economy continues to sour, a report from the Financial Crimes Enforcement Network reveals that mortgage fraud cases rose 88% in the second quarter of 2011 from the same period last year.
The chances of someone getting a loan to buy your house significantly decreases if you live in an area with a high foreclosure rate, according to a recent report from the Federal Reserve.
A new report shows the Golden State experienced an increase in home sales in August, and the state’s median home price rose to its highest level this year.
Paying cash for a home is not a realistic option for many buyers, but for some it’s their only option. The decision hinges on one simple factor.
Homeowners with good credit and decent value from their homes have all the leverage they need to cut their monthly mortgage bill – if they avoid some costly mistakes.
Even with mortgage rates at an all-time low, some still seek out adjustable-rate loans.
The federal government is looking at how it could help a greater number of homeowners who owe more than their house is worth refinance at today's historically low rates.
Pennsylvania's successful efforts to help newly unemployed homeowners meet their mortgage obligations could be a model for the rest of the country, the Fed says.
Mortgage rates have been dropping for weeks, and the latest jobs report has pushed them even further down, making it the best time ever to buy a home.