If the Obama administration really wants to save the housing market, it should speed up the foreclosure process — not prolong the inevitable, experts say.
As Hurricane Irene bears down on the East Coast, many Americans are preparing for the worst. But whether they are covered for the ensuing damage is another matter entirely.
A deal to help victims of improper foreclosures has been slow going, in large part because of infighting among state attorneys general over giving banks a free pass from future lawsuits.
In another hit to the beleaguered housing market, a report out Monday found that the number of delinquent mortgage borrowers — those who have missed at least one payment — rose during the three months ended June 30.
An ominous cloud is hanging over the housing market: Millions of distressed properties could be put up for sale at any moment, potentially adding to the glut of unsold homes that are already on the market and depressing home prices even further.
In another hit to the beleaguered housing market, a report out Monday found that the number of delinquent mortgage borrowers — those who have missed at least one payment — rose during the three months ended June 30.
An ominous cloud is hanging over the housing market: Millions of distressed properties could be put up for sale at any moment, potentially adding to the glut of unsold homes that are already on the market and depressing home prices even further.
Home prices have taken such a beating and demand for rental units has increased so much that it’s now cheaper to buy a two-bedroom home than to rent one in most major U.S. cities.
After showing some strength just a month before, new home construction slumped in July, according to two key measures released by the government Tuesday.
These terrific small towns — even now — boast great job opportunities, top-notch schools, safe streets, economic strength, and more. See Money’s top 100.
Foreclosure filings dropped once again in July, hitting their lowest level since November 2007, as processing delays and foreclosure prevention measures enabled a larger number of delinquent borrowers to remain in their homes.
Change an air conditioner filter by locating the return air shaft, opening the grill up and pulling the old filter out. Learn about the different kinds of air filters to use for an air conditioner machine, such as high-efficiency filters and fiberglass filters, in this free video from a home repair specialist on maintaining and fixing houses.
