from Moneywatch Personal Finance
A growing number of homeowners are choosing to pay down their mortgages at a faster rate — even if it means a substantial jump in their monthly payments.
from Moneywatch Personal Finance
LONDON (MarketWatch) — The average British house price fell 0.3% in August to 158,200 pounds ($243,944), after a 0.1% decline in July, property consultant Hometrack said Monday. The average price was up 1.5% compared to August 2009. The August survey showed a widening imbalance between supply and demand, Hometrack said, with the [...]
from Moneywatch Personal Finance
First-time home buyers are retreating from the housing market, accounting for only 39% of home purchases in July, down from 48% in March, according to the latest Campbell/Inside Mortgage Finance Monthly Survey of Real Estate Market Conditions, released this week.
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from Moneywatch Personal Finance
An employee at a home-loan modification “law firm” offers a word of warning about the services offered by the company for which he works.
from Moneywatch Personal Finance
Foreclosures fell in the second quarter — for the first time since 2006 and the largest drop since 2005 — but the same Mortgage Bankers Association report found that the portion of homeowners falling slightly behind on their payments increased, and that may mean higher foreclosures down the road. [...]
from CNN Money Top Tips
Yikes! There’s a stranger in my house!
from Moneywatch Personal Finance
CHICAGO (MarketWatch) — The percentage of homes somewhere in the foreclosure process fell in the second quarter, the first drop since 2006 and the largest quarter-to-quarter drop since 2005, the Mortgage Bankers Association reported on Thursday. Still, the group’s quarterly delinquency report showed that short-term delinquencies are increasing, which could signal another [...]
from Moneywatch Personal Finance
Rates on fixed-rate mortgages hit another low this week, after recent reports showed drops in existing- and new-home sales, according to Freddie Mac’s weekly survey.
from Moneywatch Personal Finance
The percentage of homes somewhere in the foreclosure process fell in the second quarter, Mortgage Bankers Association data show. It marks the first drop since 2006 and the largest quarter-to-quarter drop since 2005. But new delinquencies ticked higher.
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from MintLife Personal Finance News & Advice
It used to be a habit we associated with our grandparents, but after the banking crisis of 2008 and 2009, even young consumers started keeping t least some of their cash within reach. Not everyone wants to spend a couple hundred dollars or more on a home safe, though. [...]