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Mortgage Acts and Practices

February 27, 2014
“Proposed limits on the mortgage interest deduction and capital gains, and the repeal of deductions for state and local property taxes ... will impact every single American,” says NAR President Steve Brown.
February 27, 2014
More home buyers and current home owners are weighing the merits of a "green" mortgage, which allows them to finance home improvements that will lower long-term energy costs.
February 27, 2014
Mortgage applications for home purchases fell nearly 4 percent in the week ending Feb. 21 from the week prior, hitting their lowest level since 1995, the Mortgage Bankers Association reports.
February 24, 2014
A sector of the market that took a lot of blame for causing the financial crisis is slowly re-emerging.
February 19, 2014
Applications for home purchases dropped 6.3 percent to its lowest level since September 2011, the Mortgage Bankers Association reports.
February 19, 2014
Nearly half of complaints recently filed with the Consumer Financial Protection Bureau were about mortgages, loan modifications, and foreclosure activities by servicers.
February 19, 2014
Fifty-two percent of U.S. consumers say they expect to qualify for a mortgage now, according to Fannie Mae's latest National Housing Survey. That's an all-time high for the survey.
February 19, 2014
Mortgage applications for home purchases and refinancings fell in the latest week, the MBA reports.
February 18, 2014
Reverse mortgages are expected to be an increasing option that baby boomers turn to as they age to cover living expenses, but heirs may get stuck with the final balance due.
February 18, 2014
The five-week streak of falling mortgage rates took a break this week, with the 30-year fixed-rate mortgage moving up slightly to average 4.28 percent.

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