Mortgage Acts and Practices
Some lenders are bringing back "lock and shop" programs to help home buyers lock in mortgage rates during their house-hunt so they won't need to fear rising rates.
New rules that go into effect on Sept. 30 will place more limits on how much and when home owners can tap the equity in their homes.
For the first time ever, interest rates for jumbo mortgage have dropped below the average rates for conforming mortgages.
Home owners in California may be less likely to consider a short sale now that the state failed to take action on legislation that would have given a tax break on short sales.
The billionaire investor is upping his stake in Wells Fargo, the nation's largest mortgage lender.
Proposed revisions to the qualified residential mortgage rule announced today will help millions of people buy homes and strengthen the mortgage market, says NAR President Gary Thomas.
Home owners continue to face hassles with mortgages, particularly from servicers who are "sloppy" about loan paperwork and payments.
The nation's largest mortgage lender says it's cutting 2,300 employees due to a drastic decrease in refinances because of rising interest rates.
Higher interest rates continue to put the squeeze on the number of home owners refinancing, leading to the second consecutive week in which loan demand has fallen.