ARCHIVED BLOG POSTS
A rash of positive housing data has given some analysts hope that the housing market has bottomed and an economic recovery is underway. But the soaring unemployment and rising mortgage rates could lead to a double-dip plunge for the housing market. Home prices rose on a monthly basis in May for t...
For Americans debating whether to buy or rent a home, the scales are tipping toward ownership. Because of the slide in home prices, low interest rates and tax incentives, renters are realizing they could handle a mortgage for a just little more money. An Associated Press analysis of 45 metro area...
The FBI and the U.S. Department of Housing and Urban Development Office of Inspector General have urged senior consumers to be wary of scams involving reverse mortgage products. Between 1999 and 2008, use of reverse or Home Equity Conversion Mortgages, increased by more than 1,300 percent — a tre...