OFF THE CHARTS: Home Prices Declined to New Lows in 2011
The Standard & Poor's/Case-Shiller index, which seemed to show a recovery in home prices in 2009, descended to a new depths in 2011.
OFF THE CHARTS: Home Prices Declined to New Lows in 2011
The Standard & Poor's/Case-Shiller index, which seemed to show a recovery in home prices in 2009, descended to a new depths in 2011.
BUCKS BLOG: Credit Sesame Offers New Mortgage-Comparison Tool
Does an adjustable rate make sense? What about a 15-year loan? Is refinancing worth the upfront costs? A new tool aims to help.
NATIONAL BRIEFING | WASHINGTON: House Votes to Restrict Use of Eminent Domain
The House sought Tuesday to undercut a 2005 Supreme Court ruling that gives state and local governments eminent domain authority to seize private property for economic development projects.
Pressure Grows on Fannie and Freddie to Reduce Principal on Some Loans
Proponents of debt forgiveness note that roughly one out of five Americans owes more on a home than it is worth, and that negative equity totals almost $700 billion.
Buyers Face Higher Fees at F.H.A.
The Federal Housing Administration will increase two fees charged to borrowers as it tries to bolster its finances and attract private lenders back to the mortgage market.
DEALBOOK: HSBC Profit Rises on Demand from Emerging Markets
HSBC Holdings, one of Europe's biggest banks, said that its profit rose 27 percent last year, to $16.8 billion, in part because of greater demand for loans in the developing world.
Buffett admits being 'dead wrong' on timing of housing recovery but remains optimistic overall
http://wapo.st/wVJkqj
MORTGAGES: Points Lose Favor
A trend away from points, which buy down the interest rate in exchange for an upfront fee, reflects borrower sentiment that rates are already low enough, industry experts say.