Economists surveyed by the Associated Press said they expect the U.S. economy to grow faster in 2012. But Europe's debt crisis remains a real threat that cou... Read More
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Recent Mortgage News
Housing starts rose in November 2011
December 20th, 2011Housing starts gained in November 2011 over the previous month and well over the previous year's November, according to the U.S. Census Bureau. This growth was driven by gains in multifamily housing construction.... Read More
House flippers played bigger role in housing crisis than thought
December 13th, 2011Housing flippers -- speculating investors who used loose mortgage credit -- may have played a significant role in the housing bubble and subsequent bust, says a report by the New York Fed.... Read More
Should you pay off your mortgage early?
December 06th, 2011If you have extra cash, should you pay off your mortgage early? While owning your home free and clear is appealing, there are some drawbacks. Here's how to decide.... Read More
Online mortgage relief scams shut down
November 22nd, 2011A Special Inspector General for the U.S. government has shut down alleged mortgage relief scam programs that target financially distressed homeowners by promising mortgage payment relief in exchange for upfront payment.... Read More
U.S. home ownership still strong, says study
November 16th, 2011Despite the recent housing bubble bust and downturn, many still aspire to be homeowners, and a recent study presented at the National Association of Realtors conference showed substantial benefits to wealth accumulation with home ownership.... Read More
Fewer permits issued for new homes in July
November 07th, 2011Fewer permits were issued for new houses in July 2011, compared with the previous month. Permits for new houses fell 3.2 percent, more than analysts had expe... Read More
Sales of existing homes fall in July 2011
November 07th, 2011Existing home sales fell in July 2011 from an upwardly revised June, but were higher than a year earlier, according to the National Association of Re... Read More
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