Headline News Archive

2007

October

08
07
  • Credit scores need be good, not perfect. Whether you're considering buying a new home or refinancing an existing mortgage, credit scores matter more than ever. To find out what consumers need to…
06
  • Tax relief for distressed but not the rest. In a tax-Peter-to-pay-Paul move, the House voted Thursday to permanently remove the "phantom income" tax penalty that haunts financially distressed homeowners whose debt is partially…
04
02
  • HUD sued over down-payment rule. Two nonprofit organizations have sued the Department of Housing and Urban Development in an attempt to overturn an agency decision that bans seller-financed down-payment assistance…

September

29
  • Buy a home now, lose money?. It takes a bit of courage to buy a home in a weak real estate market. But buying can still be a reasonable, financially sound…
28
  • New house sales drop to a new low (Chinese). 【華盛頓二十七日綜合外電】商務部(Commerce Department)周四(27日)發布的報告顯示,8月份全美新建住宅銷售量大幅下降8.3%,至年率僅79.5萬套,降幅大超市場預期,跌至2000年6月份以來的最低水平。與此同時,上月的新屋銷售中間價格也大跌7.5%,出現自1970年以來37年的最大年度跌幅。
  • Housing slide yet to hit bottom. The latest evidence of a decaying real estate market came in a government report Thursday that new-home sales in August hit their lowest point in…
  • Latino families scramble to save homes. Araceli Flores was so happy to buy a three-bedroom house that she didn’t ask many questions about the mortgage. The person who helped her didn’t…
  • Los 5 nuncas de la banca en Internet. El realizar las transacciones bancarias por Internet tiene muchas ventajas, porque toma menos tiempo que ir a la sucursal y tiene menos riesgos para la…
27
26
  • Venta de casas, en plena caída. El mercado de la vivienda en Estados Unidos continúa mostrando serios signos de agotamiento y, arrastrado por la crisis hipotecaria, no aparece en el horizonte…
24
23
  • High appraisals signal change. What's going on with appraisals? In some parts of the country, mortgage lenders -- and appraisers themselves -- say they're increasingly coming in with valuations…
22
  • Group aims to protect Hispanic borrowers. Buying a house can be intimidating for anyone. But it's especially difficult for Latino buyers, according to the National Association of Hispanic Real Estate Professionals.…
21
  • 'Toxic' mortgages are the best?. A new study from professors at Columbia and NYU finds that the "optimal" mortgage in a perfect world is an option ARM If you had…
  • Strapped borrowers urged to act. Borrowers at risk of falling behind on their mortgages should engage their lenders early to try to avoid major problems, three top government officials said…
19
  • House OKs plan to stem mortgage concerns. The House on Tuesday approved a plan to expand federal backing of mortgages in hopes of helping struggling homeowners avoid foreclosure. The bill, which passed…
  • Bold cut means savings for consumers. The Federal Reserve's unanimous decision to slash a key interest rate Tuesday is a dramatic statement that the central bank will do whatever it takes…
18
  • Can consumers cash in on Fed rate cut?. Mortgages, home equity lines of credit, auto loans, credit card rates, certificates of deposit, and money market accounts can all be influenced by changes in…
17
  • Prepaying mortgage usually smart. Much attention is being paid to homeowners who can't afford their mortgage payment. But what if your bill is manageable? Or your interest rate hasn't…
16
 

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