FHA critics warn of second housing bubble
The Federal Housing Administration and President Barack Obama’s plan to jump-start the housing market has led to historically low interest rates of 3.75 percent on 30-year mortgages, but critics of the policy warn that the FHA’s easy lending may lead to a second housing-bubble, the Fiscal Times reported. With banks not lending, the FHA’s lower More...
Are Mortgage Credit Standards Loosening? (Hint: No)
Its no surprise to anyone who has applied for a loan recently that banks are being far more careful. But a new report shows just how tight conditions have become and how even borrowers with favorable credit More...
Home sellers take charge of mortgage matters
From the February issue: Ever since the credit crunch barreled into Manhattan, New York City condo developers have partnered with preferred lenders to help their buyers get mortgages in a difficult financing climate. Until More...
Mortgage Rates Rise on Stronger Housing Reports
By Mia Lamar Rates for fixed mortgages moved higher over the past week amid positive signals from the long-suffering U.S. housing market, according to Freddie Mac’s weekly survey of mortgage rates. “Fixed More...
Why Getting a Mortgage Is Tough Right Now
Mortgage rates are low, but it’s often hard in this market for potential home buyers to actually obtain a mortgage. What’s standing in the way? David Stevens, chief executive of the Mortgage Bankers More...
Real Estate News: Weatherman Champion Lists in N.Y.
Chuck Collier Schmidt Open House: Big Views in Oregon: This shingled, Hamptons-style home sits on 1.4 acres on the side of Lake Oswego’s Iron Mountain. Here is a look at real-estate news in today’s More...
Real Estate Chart Wrap-Up
Real-estate news this week through WSJ charts: Tuesday: The Federal Housing Administration’s cash reserves have fallen so low that there is a “close to 50%” chance the agency could run out of money More...
Real Estate Chart Wrap-Up
Real-estate news this week through WSJ charts: Tuesday: The Federal Housing Administration’s cash reserves have fallen so low that there is a “close to 50%” chance the agency could run out of money More...
Real Estate News: Court Hits Wells Fargo Over Mortgages
Coldwell Banker Upchurch Realty House of the Day: Georgia Tudor Revival: Built about 10 years ago, this home in Athens, Ga., features stained-glass windows that send ‘shards of colored light throughout More...
Real Estate News: Why Low Mortgage Rates are Out of Reach
David Collins/DA Squared House of the Day: Reno Contemporary: Designed by the architect of the Nevada Museum of Art, this home in Reno, Nev., was constructed to blend into the desert landscape. Here is a More...