Finance & Mortgage
Jeffrey Lacker Says Fed Rates to Increase in June, Could It Hurt Housing?
Spring 2015: Home Buyers Should Take Advantage of Low Mortgage, Says Economist
Mortgage Rates Drop as Home Sales Improve, Freddie Mac Survey Reveals
EDITOR'S PICKS
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Gov. Gavin Newsom Expedites Temporary Housing For Residents In Areas Struck By LA Wildfires
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Pasadena Native Lost Her House To LA Wildfires One Day After Paying Off Her Mortgage: 'It's Gone'
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How The Mircale Malibu Mansion And Pacific Palisades Home Survived The Devastating LA Fires
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What Happens To Your Mortgage And Property Tax When You Lose Your Home In A Natural Disaster?
Credit scores getting better, receiving a pay raise, and mortgage rates hitting rock bottom; these are just some of the reasons you should be buying your new house. But, there are some serious road bumps on your way to be a happy camper if you aren't judicious enough to know the pitfalls and the red flags. Here are some tips you should ponder on. US Most Expensive Cities: Affordability Goes From Bad to Worse
It would be nearly impossible for renters to buy their first homes in the most expensive cities in the U.S., based on the first Mortgage Affordability Report from National Realtors Association. Find Out If You Are Ready for Refinancing
In simple terms, refinancing is asking a lender to reconstruct your existing mortgage terms to obtain a more favorable one. While you get to have new mortgage terms, your original loan is also paid off in the process. Foreclosures Rate At Its Lowest Since 2006, RealtyTrac Reveals
RealtyTrac, a leading supplier of U.S. real estate data, has recently released its U.S. Foreclosure Market Report for February 2015. Mortgage Rates Trend: 30-Year Fixed Rate Drops to 3.78%
Average long-term mortgage rates in the United States fell this week. According to USA Today, decrease in the rates were almost par with historically low levels during the beginning of the home-buying season for spring. 'Perfect Strangers' Star Bronson Pinchot With 2 Foreclosed Homes
"Perfect Strangers" Star Bronson Pinchot had amassed debts on his two homes leading to their foreclosure. 'Terminator 5: Genisys' Star Arnold Schwarzenegger Made His First Million in Real Estate
'Terminator 5: Genisys' star Arnold Schwarzenegger addressed a group of real estate agents in Brisbane and told them that he made his first million in real estate and not in the movies. JPMorgan Chase to Buy Ocwen Mortgage Servicing Rights for $45B?
JPMorgan Chase is said to buy Ocwen Mortgage Servicing Rights for $45B. Many shareholders, investors, and consumers were intrigued when on March 2, Ocwen Financial Corporation or "Ocwen," a leading financial services holding corporation, posted an update on its website which hinted about a deal they will be signing soon, reports DSNews. San Francisco Rent Hike: Netizens Cry Foul on $7K Increase in Monthly Rental
Deb Follingstad, a tenant of Bernal Heights, was shocked when she found out that her rent was increased by almost 400%. She was dismayed and posted the legal notice that she got from her landlord on Facebook, hoping that she could find a new place to live soon. Home Construction Plunges 17% This February
Because of the harsh winter conditions, home construction plunges to 17% this February. Harsh winter conditions have affected the housing market quite remarkably.
