Mortgages Archives

NEW YORK (MainStreet) – Whether money is tight today or is looking tight tomorrow, a reverse mortgage could be a good way to fill a budget gap. But which approach to tapping home equity is best? Read more»
MBA Says Mortgage Delinquencies Are Declining
By: Brian O'Connell
NEW YORK (MainStreet) — The housing sector got some news this week from the Fourth Quarter National Delinquency Study, released by the Mortgage bankers Association. In it, MBA economists say home mortgage delinquency rates are down, some of them to pre-recession levels. Read more»
FHA Mortgage Rates Tick Upward
By: Brian O'Connell
NEW YORK (sbup) — It’s about to get a bit more expensive to take on a Federal Housing Administration (FHA) mortgage. Read more»
NEW YORK (sbup) — The demise of Fannie Mae (Stock Quote: FNM) and Freddie Mac (Stock Quote: FRE) took another giant step with the release on Friday of a new long-term Whi Read more»
NEW YORK (MainStreet) – Everyone who follows the housing market has become familiar with the term “negative equity,” a frightening situation for a homeowner: owing more on the mortgage than the property is worth. Sadly, that situation is getting worse and reaching shocking levels in some formerly hot markets. Read more»
4 Tips to Landing That Mortgage
By: Brian O'Connell
NEW YORK (sbup) — With the spring home buying season coming up fast, homebuyers need to get their game plan together. Read more»
NEW YORK (sbup) -- Despite the end of the recession, we’re not out of the woods yet, says a key Federal Reserve chief – and further economic stimulus from taxpayers may be needed if the housing market doesn’t gather momentum. Read more»
NEW YORK (MainStreet) — Seniors looking to gain more cash in retirement have long turned to reverse mortgages – essentially cashing in on the value of their homes. Read more»
NEW YORK (sbup) — As the housing market and the economy as a whole remain unsteady, more consumers plan to rent rather than buy homes this year, compared to 2010. Read more»
Local Lenders Help Avoid Foreclosure
By: Brian O'Connell
NEW YORK (sbup) — Low-income mortgage holders got the short end of the stick in the housing crisis. Read more»
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