The rate on a 30-year fixed-rate mortgage went up, but not by much. However, it was enough to get the attention of everyone in the housing market.
Most tax filers are getting a refund after they file their 2012 return. With the average refund running about $3,000, a lot of people will be thinking about what to do with the extra cash.
Record-low interest rates are pushing the housing market.
A Colorado couple is fighting to save their home after their mortgage company made a clerical error that put them in foreclosure.
Many homeowners are trying to avoid foreclosure by getting their loans modified. But some are still running into problems.
Before buying a home, many people want to make sure their finances are in order, so they ask their lender for pre-approval. Sometimes that pre-approval does not turn into a closed loan, leaving the home buyer in a lurch.
The government’s plan to overhaul its role in the mortgage business might mean the end of 30-year fixed mortgages. That’s just one possibility as it tries to distance itself from Fannie Mae and Freddie Mac.
A new policy change is about to take effect at one of the nation’s largest banks, and its mortgage customers need to know about it. Bank of America is adding a new fee to customers that don’t bank with them.