Now that the Federal Reserve has voted to raise interest rates for the first time in 2017, it is important to consider what this might mean for borrowers. Specifically, home buyers.
Mortgage applications rose more than 3% last week according to the Mortgage Bankers Association. Interest rates on some fixed-rate loans rose to three-year highs.
A new report from CoreLogic tracks U.S. home foreclosure rates from before the housing crisis started through the end of 2016. The good news is that foreclosure rates are back to historical norms.
The aggregate value of properties with underwater mortgages fell by almost $26 billion year over year in the fourth quarter to a nationwide total of $283 billion.
New applications for mortgage loans rose last week even though interest rates rose as well. Borrowers may have been trying to beat an expected rate hike at next week's meeting of the FOMC.
Home prices rose about 7% year over year in January, according to the latest report from CoreLogic. Home prices have risen every month for the past five years.
Some home improvement projects bring with them a side benefit — a federal income tax deduction. If you made any of these changes in 2016, you may be able to get a deduction or…
The SEC has announced that a Mexico-based homebuilder has agreed to settle charges that it reported fake sales for over 100,000 homes to boost revenues in its financial statements during a three-year period.
Buying a home can throw up a surprising number of obstacles to a buyer. Primary among these is getting a mortgage. A new survey looks at the roadblocks, rejections and regrets of buying a…
American homeowners are spending big on home improvements and a new study says that will continue for the next decade. Good news for Home Depot and Lowe's.
Applications for mortgages rose nearly 6% last week while mortgage loan rates fell slightly on all types of fixed-rate loans and rose slightly on ARMs.
Overbuilding and a move of people from renting apartments to owning houses have caught up with landlords, particularly in some of the largest and most expensive cities.
The S&P CoreLogic Case-Shiller national home price index jumped more than 5% in December as low interest rates and low inventory levels combined to keep demand and prices rising.
Cash home sales declined again in November 2016 for the 47th consecutive month. At the current rate of decline, cash sales will reach their historical level of around 25% in the middle of this…
If you want to buy a house in a seller's market, take these 6 steps to give yourself the best chance of getting the home you want.
