Fannie Mae to make qualifying for interest-only loans tougher
Fannie Mae, the government-backed mortgage giant, announced Friday that it will tighten lending requirements for the interest-only loans and adjustable rate mortgages (ARMs) it backs.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/lK8Rts1Hxz0" height="1" width="1"/
April 30, 2010 | Filed Under News | Leave a Comment
No ‘frenzy’ to beat homebuyer tax credit deadline
The $8,000 homebuyer tax credit has had an impact: Reports from around the nation are that contract signings have been way up the past few weeks as people prepare for the credit to expire on Friday.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/2WIkC0KxoXM" height="1" width="1"/
April 29, 2010 | Filed Under News | Leave a Comment
Foreclosure easing in big cities but still spreading
Foreclosure filings declined in more than half of the country's worst-hit spots in the first three months of 2010. But that doesn't mean the healing has begun.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/nAI_9tshHl4" height="1" width="1"/
April 29, 2010 | Filed Under News | Leave a Comment
Fighting back from the foreclosure blast zone
In a city filled with foreclosures and abandoned buildings, East Warren Avenue on Detroit's east side could be called the epicenter. Banks own 1,331 buildings in the surrounding 48224 zip code. More than 7 percent of homes in the area were in foreclosure last year -- the highest rate in the city.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/I7SIQg1JDts" height="1" width="1"/
April 29, 2010 | Filed Under News | Leave a Comment
Retire to Mexico — the price is right
The years-long trend of Americans buying homes and expatriating to Mexico has collapsed, done in by a trifecta of the recession, swine flu and an epic crime wave.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/WfBWFVY_Oq4" height="1" width="1"/
April 28, 2010 | Filed Under News | Leave a Comment
Home prices inch up
February home prices posted their first year-over-year increase since December 2006, according to a report out today.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/-IIQCrJZDlI" height="1" width="1"/
April 27, 2010 | Filed Under News | Leave a Comment
Top 10 mortgage fraud states
Mortgage fraud is still on the rise, according to a report released Monday, despite efforts by law enforcement and policy makers to rein it in.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/-rfbjoyyiKQ" height="1" width="1"/
April 27, 2010 | Filed Under News | Leave a Comment
Homebuilder stocks on fire
Shares of major U.S. homebuilders rallied Friday, even as the broader market sputtered, after the government reported a surge in new home sales.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/aEMqkojejJ8" height="1" width="1"/
April 23, 2010 | Filed Under News | Leave a Comment
How foreclosure impacts your credit score
If you're delinquent on your mortgage, your credit score will suffer. Everyone knows that. The question is, by how much?img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/n6YSp20V6vs" height="1" width="1"/
April 23, 2010 | Filed Under News | Leave a Comment
Existing home sales soar in March
Existing home sales jumped 6.8% in March, with home buyers racing to get a tax credit that expires in April, according to a real estate industry report released Thursday.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/R0cnGamLMKg" height="1" width="1"/
April 22, 2010 | Filed Under News | Leave a Comment
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