Troubles in mortgage land may get worse before they get better, especially for subprime borrowers, whose spotty credit put them into costly home loans.
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Royce Morales bought a foreclosed home for $86,000 last month, about half of its previous sales price.
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Home sales in the Houston housing market continued to decline in June. The number of single-family homes sold during the month was 7,154, 6.9 percent fewer than a year earlier.
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A recent report shows the housing market is looking bleak across the country. If you’ve read the news this year, that’s nothing new.
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A handful of lenders are eliminating what has been the most popular type of home mortgage loan for subprime borrowers.
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A home equity line of credit can be a useful way to turn your house into cash.
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How are baby boomers - millions of whom are still carrying hefty first and second mortgage loans - ever going to pay them off?
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Home loan applications rose slightly over the past week, as a jump in mortgage refinancing demand overshadowed a drop in demand for traditional home loans to buy houses.
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Home sales in the Ada County, Idaho housing market are still lagging behind the record-setting numbers recorded in 2006, according to the Intermountain MLS Sales Survey reported this week by the Ada County Association of Realtors.
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The slump in home sales and prices will be deeper and last longer than previously expected, according to the latest forecast by the National Association of Realtors.
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