There might yet be another casualty in the real estate market: the Federal Housing Administration.
Many consumers applying for a mortgage are going to start sharing more
personal information with lenders next year, like it or not.
The 30-yr fixed-rate mortgage has been a stalwart of today’s real
estate market for homeowners looking to refinance. Now it’s facing
Short sales are among the most arduous real estate transactions, often
taking six months or more to close — if they get done at all.
A recent reverse mortgage fraud case shows, seniors
need to be very careful and
make sure they understand the risks.
For homeowners upside-down on their mortgage — owing more on the loan
than the house is worth — foreclosure isn't necessarily the only option.
Kamal Sharma almost lost his house in an auction. The funny thing is: he doesn't even owe any money on it.
Ever-evolving technology has made telecommuting from home more viable.
Home foreclosures continue to rack the U.S. economy
and housing market.
Reverse mortgages allow people 62 and older to borrow against their home
equity, but it's unwise to do so without expert advice.