If only all potential homebuyers operated like the baby boomer generation – then business really would be booming! According to a national survey conducted by Coldwell Banker of more than 1300 of the firm’s agents, 87 percent of the

With home prices falling, and financing and appraisals in a precarious position, the renting market is often mentioned as a rising form of real estate. New data out of the Pew Research Center, though, highlights a remarkable upward trend

In a shocking development, mortgage rates have risen in the last week, riding on the minor optimism from the latest job reports coming out of Washington. After two solid months of declines, culminating in last week’s drop of the 30-year

National Association of Realtors (NAR) President Ron Phipps recently reaffirmed his organization’s support of the mortgage interest tax deduction (MID), a long-accepted cornerstone of the home buying process that, regardless of its several decades of popularity, is threatened by

The U.S. Department of Housing and Urban Development (HUD) has suspended Michael Primeau, former President of Lend America, from doing any business with HUD following his admission that he engaged in a wide-scale mortgage fraud scheme. “We take this

The financial crisis may have occurred in the fall of 2008, but that has not stopped economists and policy analysts from continuing to offer their perspectives on what ultimately caused the greatest monetary scare since the bank failures of

The Supreme Court agreed yesterday to hear a case on mortgage fees that will have sweeping implications on how “unearned” mortgage fees are prosecuted in the courts. The case pits Louisiana homebuyers against Detroit-based Quicken Loans Inc. The homebuyers

More than 50 representatives of grassroots and national housing advocacy organizations engaged in a three-hour roundtable discussion on housing with government officials on Monday for “America’s Housing Crisis: Solutions to the Changing Landscape.” Hosted Ocwen Financial Corporation, the event featured

Homeowners expressed some fears and anxieties on housing and the general economy in the latest Fannie Mae National Housing Survey. The survey’s biggest takeaway came in home prices, which Americans expect to decline by 1.1 percent during the next 12

The Census Bureau just released its massive tomb on housing data from 2000 to 2010, and as expected, the “Housing Characteristics” brief is a sweeping, detailed analysis of housing, offering both good and bad information on the embattled market. The

In an ironic twist, Bank of America (BofA) is closing 40 mortgage offices and firing hundreds of workers at a time when mortgage interest rates are setting record lows. The firings come in the wake of recent news from Freddie

According to the most recent jobs report from the U.S. Department of Labor, the economy added 103,000 jobs in September, and though markets reacted to the data in a lukewarm fashion, a true bright spot in the department’s findings

Mortgage rates have been on a steady decline the last couple months, and thanks to recent monetary action by the Federal Reserve, they hit all-time lows late last week, with the 30-year FRM shattering the 4 percent barrier and

U.S. Treasury Secretary Timothy Geithner was on Capital Hill yesterday testifying before the House Financial Services Committee, and during his testimony made several faint mentions of pending housing programs and revisions from the Treasury Department. “We expect to move

CoreLogic released its latest Home Price Index (HPI), showing a slight decline in August by 0.4 percent that represents the first decline in four months. A tracker of home prices and contemporary to Standard & Poor’s Case-Shiller, the HPI

Lately, there hasn’t been much love for government loan mod programs. News has been swirling the past month that revisions are pending to the government’s underperforming loan modification programs, and sharp critiques have abound on the programs’ performance records.