Home Owner

More than 200,000 letters from Bank of America will begin landing in homeowners’ mailboxes this week, the bank said Tuesday.

On Tuesday, the Consumer Financial Protection Bureau (CFPB) plans to announce that it may soon be imposing a new set of rules upon the heavily criticized mortgage service sector. The rules are an attempt to promote culpability and transparency in an industry where such things are in short supply.

Reverse mortgages are loans that allow seniors older than the age of 62 to access part of the equity in their homes. Whlle they can be a good idea for some, they're far less safe than they sound for many senior citizens, including baby boomers aged 62 to 64.

Adhering to financial basics can make buying a home less a maze and more amazing.

Buying a condominium is getting trickier for anyone who wants to put down only 3.5% and have the gov't insure their mortgage.

As year five of the housing crisis begins, the foreclosure problem still hasn't been solved, but many people are still in their homes.  

If you are trying to sell your home, there are many factors to keep in mind when looking at your home’s value. Believe it or not, it isn’t just the location and condition of your home that can figure into its value. Even such details as the color of your house can cause the value to go up or down.

Many consumers applying for a mortgage are going to start sharing more personal information with lenders next year, like it or not.

Short sales are among the most arduous real estate transactions, often taking six months or more to close — if they get done at all.