Topix: Mortgage
Builders buying old houses so clients can buy new
"I really can't buy it because my current house is still for sale,''" Gerald and Arlene Zemke could see themselves enjoying the walking trails, tennis courts and swimming pool in Pulte Homes' Bridgew...
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Housing worries James Hardie
Building materials company James Hardie Industries has recorded a $US150.8 million operating profit in its full year results, as the outlook for the US housing market remains uncertain. via The Sydne...
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Now not time to pay down mortgage
"A higher mortgage borrowing rate makes it less profitable to stop prepaying, while a higher investment return makes it more attractive to invest in a tax-deferred account" WHEN the housing market br...
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Report: NYC homeownership rates rise, but so do costs
"I've had a chance, in owning a home, to have some equity for retirement if I decide to sell it" A rising percentage of New York City residents are buying into a city with a reputation for renters, a...
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Homes For Sale
Sponsored listings for Homes For Sale: Browse Millions of U.S. Listings Start Your Home Search Today. via The Daily Challenge
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12 indicted in mortgage-loan scam that defrauded lenders
A dozen people have been indicted in a mortgage-loan scam stretching from Arizona to California that defrauded lenders out of $8 million, authorities said. via North County Times
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Are no-cost refinance loans really worth it?
You may have seen ads lately for a 'no-cost refinance' mortgage loan. This appears to be a mortgage program that promises no fees or out-of-pocket expenses when you refinance your existing home mortg...
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Neighborhood Swayed by 'Liar's Loans'
"I really was thinking it would be at least a year before I'd get a mortgage" Upstairs at Victory Chapel Church -- a cinderblock bunker converted from a long-ago Ford dealership -- the pews are reser...
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Kissel estate declared insolvent, creditors will get pennies
"Nobody is going to quibble with the insolvency finding" Greenwich Probate Court Judge David Hopper has declared that the estate of murdered developer Andrew Kissel cannot pay its debts, which clears...
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Real estate broker accused
The California Department of Real Estate this week took a step toward revoking the license of a real estate broker whom many Riverside County residents blame for their financial ruin. via The Press-E...
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