Latest News in Mortgages and Home Loans- Aug 07, 2011

Home ownership hits lowest level since 1965 As the foreclosure crisis continues to wreak havoc on the housing market, a source of national pride has taken a sour turn. Home ownership is on the decline and, according to a recent Morgan Stanley report, the United States is fast becoming a nation of renters. Mortgage rates [...]

Help Keep the Dream of Home Ownership Alive. Stop the 20% Down Payment Requirement

Time is running out for you to be heard. You have until August 1 to help our coalition of homeowners prevent an onerous new rule from taking effect that would significantly impact the ability of hardworking Americans to buy or sell a home. This rule would also likely effect home values in neighborhoods nationwide.  If [...]

Latest News in Refinancing Home Mortgages – July 27, 2011

Home prices dip 4.5% May home prices in 20 major cities dipped 4.5% from one year ago, marking a continued decline in the already battered housing market. New home sales slip again in June Sales of new single-family homes slipped for a second month in a row in June, falling short of estimates. Countrywide borrowers [...]

Latest News in Refinancing Home Mortgages – July 22, 2011

Child’s Play, Grown-Up Cash Even in a troubled economy, some parents of means are willing to spend significant — if not eye-popping — sums on playhouses for their children. On Location: A House Built on Trust In the Virginia woods, a former nomad settles down in a 1,000-square-foot dream home designed by her lifelong best [...]

HELP STOP the 20 Percent Down Payment Requirement

A new and costly rule called Qualified Residential Mortgage, is being considered by federal regulators. If the proposal passes it would require homebuyers to make at least a 20% down payment on a home purchase for the most affordable rates. Federal regulators have taken a law passed by Congress intended to prevent future banking collapses [...]

Latest News in Refinancing Home Mortgages – June 03, 2011

House Proud: The Instant Heirloom House A writing professor filled her Nantucket home with the sort of furnishings that only look as if they might have been passed down for generations. We Call It Brown. They Call It ‘Weekend in the Country.’ In a redoubled effort to capture consumers’ attention, paint companies are hoping to [...]

Latest News in Mortgages and Home Loans- June 28, 2011

Home prices rise, snapping 8-month drop streak The downward cycle in home prices broke in April after eight consecutive months of decline, according to a survey released Tuesday. San Francisco’s rent riot FORTUNE — Whether we’re living through another tech bubble remains hotly contested, but there’s no denying its impact on one market: rental apartments [...]

Latest News in Refinancing Home Mortgages – June 25, 2011

In the Garden: On City Rooftops, Scrappy Green Spaces in Bloom Four rooftop gardeners who turned hostile environments into tiny edens years ago, a time when “green roof” wasn’t a buzz term. Need a Six-Pack? Hit the Basement Home brewing, which was rendered illegal by Prohibition and not relegalized until 1979, is enjoying a resurgence. [...]

Latest News in Mortgages and Home Loans- June 22, 2011

Winery for sale: Can you afford the good life? From affordable properties for wine hobbyists to multimillion dollar estates for serious connoisseurs, here’s a look at 7 vineyards that are up for sale. 3 ways to save on home costs Existing home sales drop 3.8% Sales of existing homes fell in May, as severe weather [...]

Latest News in Refinancing Home Mortgages – June 10, 2011

On Location: The Decorated Shed The evolution of a Pennsylvania farm from crops to candelabras. At Home With Tom McNeal: An Imagination With Built-Ins Tom McNeal’s new novel, “To Be Sung Under Water,” took shape at his home overlooking an orange grove in Southern California. The Pragmatist: Moths and Mice: It’s You or Them Products [...]