New York’s borrowers could notice a different tone in their discussions with mortgage brokers in coming months.
Mortgages: Higher Fees for Mortgages
Fannie and Freddie increased the fees they charge lenders for many loans, effectively bumping up interest rates for many borrowers who have marginal...
Extending the mortgage-crash pain
Whatever good for Main Street comes out of modifying the mortgages of borrowers who are in default on their loans, the effort looks like something...
How subprime killed Bear Stearns
It started last summer when borrowers with weak credit started defaulting on their mortgages. Last night, it brought down an 85-year-old pillar of...
5 mortgage costs to watch out for
The credit crunch has lenders looking for more ways to ding borrowers at closing time. With vigilance, you can avoid or reduce these common add-on...
Housing costs: Half your income?
More than 7.5 million homeowners spend at least half of their income on housing; 19 million are above 30%. That's 53% of all homeowners with...
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