Credit crunch: Home equity lending evaporates By Adrian Sainz | Monday Dec 28, 2009 Hocking the house for quick cash is a lot harder than it used to be, and it’s causing headaches for homeowners, banks and the economy.
Mortgage rates nearly flat this week Rates on 30-year mortgages remained almost flat this week as the Federal Reserve said it would keep rates near record lows to help the economy recover. Read more...
Midwest Home Sales Rose 9 Percent in December Home sales in the Midwest declined from November to December, but ended the last month up 9 percent from prior-year levels, the National Association of Realtors said Monday. Read more...
10 Red Flags That Can Delay or Sink a Home Sale Few things induce anxiety and frustration more than having a home sale delayed, especially when your belongings have already been loaded onto the moving truck. Yet, few paths from contract to closing are without an obstacle or two. Good real estate agents are attuned to red flags that come up, but consumers should also be aware of potential problems and how to avoid many bumps in the road. Read more...
Foreclosures weigh on home appraisals By Alex Veiga Across the country, agents and homebuilders are complaining too many appraisals are coming in low, scuttling deals.
Idaho AG: Cheated homeowners get $19K settlement Attorney General Lawrence Wasden says Idaho homeowners who were duped into paying a New Jersey company to help them modify their mortgages will get more than $19,000 in a settlement.
