Bad Wisconsin home loans continue to dog this state and the nation, with rising default and foreclosure rates in this year’s first quarter, the Mortgage Bankers Association reported Thursday.
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It’s not just a subprime problem. It’s an adjustable-rate mortgage problem.
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A spike in mortgage rates is sending shock waves through a housing market that is already struggling nationwide, causing buyers to bail on deals and weakening hopes that the market is on the cusp of recovery.
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The number of Arizona home mortgage payment problems fell during the first fiscal quarter, a sign the housing market may be on the rebound.
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Anyone perusing the Connecticut real estate sections of late or visiting a Realtor’s Web site has seen the shocking prices, even for relatively modest dwellings.
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If you were confused by the disclosure forms your mortgage lender gave you, you’re far from alone.
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The declining housing and home loan markets continued in Inland Southern California in May, particularly in Riverside County, the Press-Enterprise reports.
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The Federal Reserve opened a hearing in Washington this week to solicit suggestions on how to curb abusive mortgage lender practices.
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Across the metro area, job growth has been relatively stable. So have mortgage interest rates. Normally, that’s a formula for a solid real estate market.
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U.S. mortgage rates extended their recent rise, soaring upward for a fifth straight week to highs not seen in nearly a year, according to the weekly survey conducted by Freddie Mac.
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