Articles
Selected category: Mortgages
Are You Underwater? Or Staying Afloat?
Many Americans are underwater in the mortgages these days. Are you one of them?
Read →Chase has become the third bank to sign up for one of the government's plans to help distressed homeowners.
Read →We've been talking about it for weeks. Now mortgage rates are starting to go up slowly. How high have they gone in the last couple weeks?
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Will Mortgage Lenders Quit Charging Overages?
If you have signed up for a mortgage in the last several decades, you may have been charged overages and other charges. Is the mortgage industry on the verge or reducing or doing away with these charges?
Read →Are the benefits of high dividend yield REITs outweighed by artificial constraints propping up commercial real estate prices?
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Are Mortgage Loan Modifications Enough?
Loan modifications have helped many people out of their mortgage troubles, but are they enough to make a difference in the overall problem?
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Squatters Income Adding Adding Billions in Disposable Income
I've been wondering what happens when someone decides they don't want to pay their mortgage but stays in their house. Do they get to live mortgage- free during this period? It turns out the answer is yes. The term for this is... Read →Average the 30-year fixed rate mortgage rates moved up 3 basis points last week from 4.96% to 4.99% according to the Freddie Mac Primary Mortgage Survey. The BestCashCow mortgage averages actually declined slightly falling from 4.96% to 4.95%. Either way, both averages show mortgage rates under 5%.
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Austin Top Spending in US
Austin is the top spending city in the US, with its residents shelling out $67,076 in household spending. That's according to a report issued by Bundle, a site that tracks the spending and savings patterns of users.
Read →The federal government, along with the help of Timothy Geithner, is coming up with plans to help and reshape the mortgage market. Are they doing enough or are they doing too much?
Read →Bank of America has announced plans to start forgiving mortgage loan principal for troubled homeowners who owe more than 120 percent of their home's value or are battling negative amortization loans.
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Tips for Understanding Your Local Housing Market
Buying or selling a home in your local housing market takes research, but how do you understand your local housing market? Here are some tips to help you out.
Read →It sounds like a lead-in to bad science fiction, but the so-called "anti-flippers" are making the most of several downed markets at the same time.
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