The average interest rate for a 30-year fixed-rate home loan is already hovering near record lows, but now experts are forecasting they could dip even lower.
Mortgage applications jump 12.23.08 It seems that lower interest rates may actually be spurring some reluctant homebuyers to consider entering the housing market.
Homeowners watch values continue to drop 12.16.08 The fact that it is referred to as a "market correction" in the real estate industry is not likely to make it any easier to watch your home's value slowly decline. Surely there can be nothing correct about losing so much equity?
Fed boss reviews housing crisis 12.05.08 The loss of your home is often referred to as great a source of stress as divorce or bereavement. With the steep rise in foreclosure rates afflicting an increasing number of Americans, more homeowners find themselves facing an uncertain future.
Mortgage rate set for light relief? 12.04.08 If you are looking to take out a new mortgage, good news may be around the corner in these increasingly tight times.
Worrying times for homeowners 12.02.08 It's hard for many homeowners right now. The economy is taking a battering, credit is being squeezed on all sides and the threat of foreclosure looms ominously over an increasing number.
Unemployed to receive further benefits 11.21.08 The headlines are fully of scary news these days, with the latest chilling statistics revealing that new jobless claims have reached a 16-year high.
Home prices continue to tumble 11.20.08 The price of a typical American home may be falling, but does that mean now is a good time to buy?
I hereby promise to pay 11.13.08 These are the words on every credit agreement, whether it is a credit card, auto loan, or mortgage.
HUD promises cheaper, more transparent home loans 11.13.08 Shopping for a home loan can be a stressful and uncertain experience - even after reading all the paperwork, how can you be sure that you know exactly what you will end up paying?
Homeowners get a helping hand 11.12.08 These days, owning a home can sometimes feel more like a liability than an investment - particularly if your property is losing value.
Best housing bargains may be yet to come 11.07.08 Home owners and buyers may find the credit crunch to be something of a double-edged sword in the coming months.
Are you sinking underwater with your mortgage? 11.04.08 Approximately 7.5 million Americans are in a precarious position - their homes are worth less than the amount they owe on their mortgage.
Buyers take advantage of low home prices 10.28.08 In an uncertain financial climate such as the present, it can be difficult to know how to behave with your money.
Americans still asking: What about my bail-out? 10.24.08 If you are like many Americans, the government's decision to give $700 billion to troubled banks aroused more than a little suspicion.
Most Americans still value home sweet home 10.21.08 Although mortgages may have played a leading role in leading the country into its current economic predicament, many Americans are still happy they invested in a home.
Property taxes 'unlikely to fall' 10.15.08 As if homeowners didn't already have enough to worry about. First, headlines have been revealing for the past several months that property values in many areas across the U.S. are in decline - with some places in complete freefall.
A bit of a boost for mortgage seekers 10.13.08 Amid the seemingly unrelenting stream of negative news, any bright spot in the financial landscape may be cause for cheer.
Index: Foreclosures on the rise 10.10.08 It is everyone's worst nightmare: you have been struggling to keep up with your mortgage payments and now the bank wants to take ownership of your home.