mortgages

Housing costs: Half your income?

MSN Money Latest Articles  Wed, 09/24/2008 - 15:25

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 mortgages. No wonder Americans feel strained.


 

Mortgages: Considering the Seven-Year Plan

NYT > Your Money  Fri, 09/19/2008 - 13:57

Some mortgage experts suggest that you should avoid moving unless you expect to stay in the new home for at least seven years.


 

Mortgages: It’s Helpful to Know Your Limits

NYT > Your Money  Sat, 09/13/2008 - 06:45

Buyers are finding themselves caught up in the competition and bidding at housing auctions and getting carried away.


 

Mortgages: Check Credit Unions for Deals

NYT > Your Money  Sat, 08/30/2008 - 16:11

Credit union mortgages are not typically marketed through brokers, yet they have grown increasingly attractive in recent months.


 

How to come up with a down payment

MSN Money Latest Articles  Mon, 08/25/2008 - 23:01

Zero-down mortgages are fading as lending rules tighten. If you lack the cash to get into that new home, consider these 12 options along with some buying strategies.


 

Mortgages: Higher Fees for Mortgages

NYT > Your Money  Sat, 08/23/2008 - 17:23

Fannie and Freddie increased the fees they charge lenders for many loans, effectively bumping up interest rates for many borrowers who have marginal credit.


 

Mortgages: Finding Cash in a Home

NYT > Your Money  Sat, 08/16/2008 - 18:53

A new service essentially offers a cash advance on the home, in exchange for the owner’s promise to share in the home’s future appreciation.


 

Mortgage rates hold steady again

Economic news - CNNMoney.com  Thu, 08/14/2008 - 09:41

Rates on 30-year mortgages remained unchanged for the second consecutive week as this week brought a mixed bag of economic readings.


 

Mortgages: Thieves Tap Into Home Equity

NYT > Your Money  Sat, 07/26/2008 - 17:10

Identity thieves are scheming to defraud people with good credit by tapping into their home equity.


 

The $5 trillion mess

Economic news - CNNMoney.com  Fri, 07/11/2008 - 10:43

They own or guarantee $5 trillion worth of mortgages­ - nearly half of all the country's outstanding home loan debt - and they're crashing.

Big time.