Digital Credit Union American Dream Home-Ownership Program, Rate Now at 5.50%
[from Credit Union Deals - Hot Rates and Cool Deals]
Digital Federal Credit Union offers a unique deposit account called the American Dream Home-Ownership Program. This account pays a variable rate, currently 5.50% apy, which is adjusted quarterly and “will consistently be among the highest certificate r…
Which mortgage is best for you?
[from MSN Money Latest Articles]
The right loan is out there. You just have to examine its terms and your situation before deciding it is the one that fits perfectly.
Western real estate cools, with exceptions
[from Bankrate.com: Today's new stories]
Prices will be rising modestly in the West, and Utah looks like it could become a 2007 hotspot. But the hottest markets of the past will continue to struggle.
Near-campus real estate a good investment
[from Bankrate.com: Today's new stories]
If you buy right, purchasing a home near a college or university may be a hedge against rocky housing markets, says Steve McLinden.
Lack of Escrow Accounts Hurts Subprime Borrowers
[from washingtonpost.com - Personal Finance]
As financial regulators and Congress probe more deeply into delinquencies and foreclosures in the subprime home loan market, one contributing factor is receiving increased attention: the lack of mandatory escrow accounts.
Don’t Expect Easy Bargains at Foreclosure Sales
[from washingtonpost.com - Personal Finance]
Q: We have been reading that a lot of homeowners are in financial trouble and that their homes are going into foreclosure. We would like to buy a home at a foreclosure sale and need guidance as to how to go about this.
REAL ESTATE MAILBAG
[from washingtonpost.com - Personal Finance]
Q: DEAR BOB: I live in a condominium complex where one resident has a pit bull, a breed of dog considered by many to be dangerous. He allows it to run loose.
Credit Suisse Unit Sues Subprime Mortgage Lender
[from washingtonpost.com - Personal Finance]
A Credit Suisse unit has sued Sunset Direct Lending, a subprime mortgage lender in Lake Oswego, Ore., for failing to buy back $24 million in bad loans.
Housing Crisis Knocks Loudly in Michigan
[from washingtonpost.com - Personal Finance]
DEARBORN HEIGHTS, Mich. — Janet Laitis leaned on a chain-link fence in her front yard, dragged on a cigarette and pointed to the homes on her block that lenders have seized in just the past two weeks.
Buffett-Style Home Buying
[from Personal Finance News from Forbes.com ]
As “for sale” signs multiply and real estate markets languish, is it time to adopt a value investor’s discipline?
Is the Mortgage Bubble Popping?
[from washingtonpost.com - Personal Finance]
With all the recent news about mortgage foreclosures and the possible end to easy credit, I hope you will join me today at noon ET for a chat with author and director James D. Scurlock. As the featured author for the March Color of Money Book Club selection, he will answer questions or take comments about his movie and book, “Maxed Out: Hard Times, Easy Credit and the Era of Predatory Lenders.”…
In Pictures: 10 Hottest Real Estate Markets
[from Personal Finance News from Forbes.com ]
In terms of median home prices, these 10 cities gained more ground than any others in the nation last year.
In Pictures: 10 Coldest Real Estate Markets
[from Personal Finance News from Forbes.com ]
In terms of median home prices, these 10 cities lost more ground than any others in the nation last year.
Credit scores and your mortgage rate
[from Bankrate.com: Today's new stories]
The higher a credit score, the better the mortgage deal. Discover the relationship of interest rates and credit worthiness, and other factors lenders will consider.
Contrarian advice: Invest in real estate now
[from Bankrate.com: Today's new stories]
True, real estate is prone to market cycles. But a down market may be the best time to invest in this asset class.
Mortgage rates mixed, mostly flat
[from Bankrate.com: Today's new stories]
The benchmark 30-year fixed-rate mortgage rose 3 basis points to 6.22 percent, according to the Bankrate.com national survey of large lenders.
Rate Trend Index — Mortgages
[from Bankrate.com: Today's new stories]
Each week, Bankrate.com surveys experts to gauge which way interest rates are headed on mortgages — a vital tool if you’re about to buy a home.
Spinning subprime stats
[from Bankrate.com: Today's new stories]
When people tell you that restrictions in subprime lending won’t affect the overall real estate market, please be aware that it just isn’t true.
Bernanke Open to Limiting Lending
[from washingtonpost.com - Personal Finance]
Federal Reserve Chairman Ben S. Bernanke yesterday blamed loose lending for the recent turmoil in the mortgage market and told Congress that “it’s worth looking at” the idea of creating a law against certain lending practices.
Five Reasons To Avoid Subprime Bargains
[from Personal Finance News from Forbes.com ]
Unless you enjoy catching falling knives, it?s probably still too early to invest in the subprime mortgage sector.
Gurus Buy Tech And A Eurozone ETF, Shed Homebuilders
[from Personal Finance News from Forbes.com ]
Despite low P/Es homebuilders are out. Gurus seek shelter in tech stocks and a European blue chip ETF.
Real estate rarity: Home seller has multiple offers
[from Bankrate.com: Today's new stories]
When there’s high demand for your home you’re in a good position to demand higher deposits and accept backup offers, says Real Estate Adviser Steve McLinden. “>
Poor Credit Clouds Hopes For a Bargain
[from washingtonpost.com - Personal Finance]
A few months ago, Mark Dozier started shopping around for a home mortgage so that he and his fiancee could move out of their apartment in Bowie and into a house of their own this fall.
For Mortgages, Tradition Rules Again
[from washingtonpost.com - Personal Finance]
Expect a back-to-basics approach to mortgages this year.
FTC Says It Can’t Protect Mortgage-Seekers From ‘Trigger Lists’
[from washingtonpost.com - Personal Finance]
When you apply for a mortgage and get a barrage of irritating and confusing phone calls from competing lenders before noon the next day, can you turn to the government for help?
Is There Recourse With an Inspector Mishap?
[from washingtonpost.com - Personal Finance]
DEAR BOB: My daughter and her family bought a 1970s ranch-style house after the professional inspector she hired gave it and the finished basement a clean bill of health. The seller signed a “no water problems” statement in the closing papers. Within days, her sister noticed her fingers could go through the drywall in the cellar.
Home sales at second glance
[from Bankrate.com: Today's new stories]
If you’re in the market to buy a house, but you’re not in a hurry, this might be a good time to wait and here’s why.
Fed Faulted For Inaction On Mortgages
[from washingtonpost.com - Personal Finance]
Senators yesterday accused the Federal Reserve and its former chairman, Alan Greenspan, of a “pattern of neglect” that fostered a crisis in the mortgage industry that is putting more than 2 million families at risk of losing their homes.
House of Cards
[from washingtonpost.com - Personal Finance]
The state of the home mortgage industry is one of the hottest news stories these days. And frankly, it’s scaring me.
Smart landlords do serious due diligence
[from Bankrate.com: Today's new stories]
Landlords who take shortcuts when screening potential tenants, buying insurance or outlining a written lease can end up with costly surprises.