Latest News in Mortgages and Home Loans- March 31, 2011


Best golf courses for CEOs

Mark Twain may have said “golf is a good walk spoiled,” but many corporate CEOs disagree. Here’s where they like to bat around a 1.6-ounce ball.

Want a vacation home? Prices are falling

Been dreaming of a vacation home? Somewhere warm to get away? Or maybe a cabin in the woods? Prices are right if you can afford it.

JPMorgan’s Dimon: No mortgage writedowns

The head of JPMorgan Chase said Wednesday that banks would not consider writing down mortgages for homeowners who can’t make payments, an idea at the center of talks aimed at fixing the mortgage mess.

House votes to kill Obama mortgage plan

The House passed a bill Tuesday to kill a signature Obama administration program that helps homeowners stay in their homes but has faced criticism as ineffective.

America’s most overvalued cities

Can a housing market simultaneously be the most undervalued in the nation and one of the worst housing buys? It can if it’s Las Vegas.

Home prices near a double dip

January home prices fell for the sixth month in a row, edging closer to a double dip.

11.4% of all U.S. homes are vacant

There is a correction on this story.

Trump builds ‘world’s greatest golf course’?

The Donald likes to keep busy.

Real estate: It’s time to buy again

Forget stocks. Don’t bet on gold. After four years of plunging home prices, the most attractive asset class in America is housing.

Christina Aguilera’s home: $13.5 million

This Beverly Hills mansion has a rock n’ roll pedigree. The Osbournes lived there, then Xtina. Now it’s on back on the market for $13.5 million.

Sales of doomsday bunkers up 1,000%

A devastating earthquake strikes Japan. A massive tsunami kills thousands. Fears of a nuclear meltdown run rampant. Bloodshed and violence escalate in Libya.

Why homebuilders may never fully recover

The housing market, to put it mildly, still stinks. But have homebuilder stocks finally hit bottom?

New home sales tumble to record low

New home sales fell 16.9% in February, to the lowest level since the government began keeping records in 1963, as the reeling housing market failed to generate any momentum.

Existing home sales tumble 9.6%

Sales of existing homes fell in February after three straight monthly increases, an industry group said Monday.

Nearly 20% of Florida homes are vacant

It’s not always easy to feel sorry for sunny Florida. But they just got hit with another blow.