Mortgages To Givers of Down Payments By LISA PREVOST Published: December 27, 2012 HOME buyers trying to scrape together enough money to cover the typical 20 percent down payment frequently
Read more %1$sHow Would A Recession Impact Commercial Real Estate?
While the entire commercial property industry would suffer, certain sectors would experience a surplus amount of pain. By Phil Hall Throughout the prolonged drama surrounding the so-called fiscal cliff negotiations,
Read more %1$sHow Today’s Real Estate Market has Transformed the Mortgage Industry
The real estate market turmoil in the last few years has affected the mortgage industry in unprecedented ways. For the first half of the last decade, the industry was
Read more %1$sFHA sets new rules for reverse mortgages
Fixed-rate program eliminated — making reverse mortgages less risky for government, less lucrative for homeowners You’ve probably seen the reverse mortgage pitchmen at work on your TV screen — former
Read more %1$sLenders can foreclose on properties, even after losing the note
Prominent real estate attorney Joseph Forte recently wrote about “… the prospect of refinancing nearly $1.8 trillion of existing U.S. commercial real estate debt in the next five years.â€
In order to complete this task and to ensure that investors and lenders are willing to lend money to building owners, we must have a judicial system that is going to honor the contracts entered into with borrowers.
Read more %1$sMortgage Interest Deduction, Once a Sacred Cow, Is Under Scrutiny
Many home buyers deduct their mortgage interest when assessing their tax bill, a perk that has helped bolster the income of millions of families — and the broader housing market.
Read more %1$sLenders Loosen Up…With Luxury Buyers
By MATTHEW STROZIER Demand for new mortgages is finally revving up—among big spenders, anyway. Home sales using a jumbo mortgage had year-over-year growth of 7.9% through September, compared with 2.7%
Read more %1$sFactoring in Commuting Costs
By LISA PREVOST MORTGAGE lenders do not figure in a household’s likely commuting costs when weighing loan applications, but a recent study suggests that borrowers of moderate means would be
Read more %1$sMORTGAGES: The High Price of ‘Forced’ Insurance
By LISA PREVOST BORROWERS who allow their homeowners’ insuranceto lapse will often get stuck with a bill for much more expensive coverage, courtesy of their lenders. Called force-placed or lender-placed
Read more %1$sTips for buying a house
The top 10 things you need to know when buying a home
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