Archive for October, 2008

One failed bank gets the housing fix right

Tuesday, October 28th, 2008

The battered economy is in desperate need of a housing fix, and one failed bank just may have the answer.

Full Article

Existing home sales jump, prices sink

Tuesday, October 28th, 2008

Sales of existing homes rose in September, according to the latest reading on the battered housing market by an industry trade group released Friday.

Full Article

New foreclosure plan on tap

Tuesday, October 28th, 2008

One of the country’s top banking regulators said Thursday that the government is working on a plan to do more to help troubled homeowners.

Full Article

Foreclosure filings spike 71%

Tuesday, October 28th, 2008

The housing crisis still has a choke hold on America: In September, 81,312 homes were lost to foreclosure, according to a report released Thursday.

Full Article

Mortgage rates fall after last week’s spike

Tuesday, October 28th, 2008

The 30-year mortgage rate fell this week after last week’s spike, which was its biggest weekly jump since April 1987.

Full Article

‘Hope for Homeowners’ gets a slow start

Tuesday, October 28th, 2008

Everyone agrees that the only way to fix the financial crisis is to fix the housing market.

Full Article

Mortgage fraud: New and improved

Tuesday, October 28th, 2008

The housing bust has not ended mortgage fraud - hucksters are just finding new ways to make dishonest bucks.

Full Article

Mortgage rates spike - biggest jump since ‘87

Tuesday, October 28th, 2008

Low mortgage rates, the one bright spot in a devastated housing market, are on a rapid rise.

Full Article

Home prices plummet; taxes don’t

Tuesday, October 28th, 2008

Housing prices have plummeted, but property tax bills probably won’t budge.

Full Article

Home builders: Confidence wanes

Tuesday, October 28th, 2008

Read full story for latest details.

Full Article