Struggling to make mortgage payments on time? You certainly aren’t alone. Now, however, you can at least earn some perks for your ongoing troubles.
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Call it quaint, but there was a time when a $75 million house made news. In 2005, that’s what happened after the Three Ponds Estate in Bridgehampton, N.Y., landed at the top of USA Today’s list of most expensive homes in the USA.
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April showers bring May flowers, but slow mortgage loan activity and April home sales may just bring more rain, as the spring selling season is looking mild at best this year.
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Two recent transactions have put a hole in market pessimists’ arguments that the bad credit mortgage market’s problems will weigh down the U.S. economy and stock market.
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The Center for Responsible Lending sent out the following press release, in response to steps taken by mortgage lenders to clean up the current subprime mess…
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U.S. mortgage applications rose for the fourth time in the past five weeks, in spite of a rise in long-term home loan rates to levels not seen since early February.
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What are subprime mortgage specialists looking for employment to do? In this struggling market, many are turning to the world or reverse mortgages.
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Within the Iowa housing market, real estate agent Lora Murphy could be called a motivated seller because the three-bedroom, 1942 Beaverdale home she’s marketing is her own.
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As mortgage problems persist, the growing chasm between those who can have home loans and those who can’t as lenders tighten standards for bad credit loans but not prime rate loans, is increasingly evident.
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Maybe the housing slump isn’t over yet after all.
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