Mortgage Acts and Practices
Even borrowers with stellar credit who are making a 20 percent down payment are forking over more money at closing time.
In this video, NAR analysts talk about their concerns with the approaches the House and Senate are taking to GSE reform. Learn what's moving through Congress and why member engagement will be so important in the months ahead.
Mortgage applications dropped 3.6 percent last week, even as rates remained mostly unchanged.
Applications for mortgage refinances continued to tumble last week as mortgage rates hovered near two-year highs.
Even after being saved from foreclosure through a HAMP mortgage modification, some home owners are still defaulting on their loans.
For the second consecutive week, mortgage rates showed signs of receding, helping to "alleviate concerns over a slowdown in the housing market," Freddie Mac reports.
The mortgages once blamed for the housing bust are luring home buyers again with their low introductory offers.
The rise in mortgage rates over the last couple of months has been "significant" and could hamper the housing recovery, economists say.
More potential home buyers are turning to margin loans for short-term financing to close on a purchase or win a bidding war.