In an increasingly common scenario in the Central Virginia housing market, on Tuesday attorney John G. LaFratta stood on the steps of the Albemarle County Courthouse to auction off a foreclosed property.
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Joe Nunziata, a Florida mortgage lender, was shaken when he heard that Bank of America was offering home buyers a “no-fee mortgage.”
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As a former mortgage broker, Adryenn Ashley thought she knew what to expect when she refinanced the home loan on her house in March.
Yet she was unprepared for one twist she encountered: A barrage of phone calls and e-mails from lenders vying to sell her a better home loan.
While the nation’s housing market is getting whacked by slowing sales, bad credit mortgage problems, falling prices and rising inventories, several experts say New York City’s market is on a tear again.
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Michigan mortgage problems are widespread.
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New-home sales jumped nationally in April, surprising many market watchers.
But as Phoenix home loan activity continued to stall, the housing market went the other way in Arizona’s biggest city last month.
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Borrowers have used the Internet for years to shop for mortgages. Now a growing number are actually closing their mortgage loans online, too.
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You’ve heard all about the bad credit mortgage crisis taking place across national housing markets. But does problem also apply to the world of home equity loans?
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There are more homes on the market in the Atlanta housing market than ever before.
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Miramar city officials have asked local banks to hold seminars for residents about Florida mortgage practices and to bankroll an emergency fund for such owners.
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