Closing on Mortgage by Dec. 31 Could Earn Big Deductions (Washington Post)

Weak housing prices are a seller’s nightmare, but a boon for buyers able to scoop up a bargain. Although most expenses connected with buying a home are not deductible, there’s a big exception when it comes to points paid to get a mortgage. Each point is 1 percent of the mortgage amount. So if you…

Not just your mortgage: Other household costs go through roof (The Pantagraph)

CHICAGO — Much attention has been given to homeowners struggling to make their mortgage payments but other household costs are also hammering both homeowners and renters alike, according to the Center for Housing Policy.

Falling mortgage rates offer chance (Stuff)

It’s hard to believe that less than nine months ago this column featured suggestions for people facing big mortgage rate rises. Now, with floating mortgage rates falling fast, the advice is quite different.

Schumer warns of new mortgage scams (WABC-TV New York)

Chuck Schumer says scammers may try to take advantage of the recent drop in mortgage rates.

How bad is Oregon's mortgage market? - The Oregonian - OregonLive.com

How bad is Oregon's mortgage market?The Oregonian - OregonLive.com, OR - 5 hours agoI wrote a story Saturday off the Mortgage Bankers Association's third quarter data. You can find it after the jump. You can also see the data yourself. …Mortgage crisis puts attention on Easley again News & ObserverWe can't just throw money at problem Arizona […]

Mortgage rates dip, then 'boom' - Crain’s Detroit Business

RTT NewsMortgage rates dip, then 'boom'Crain’s Detroit Business, MI - 2 hours agoBy Daniel Duggan The battered mortgage brokers who've spent the last year under the dark cloud of a credit crunch found a bright spot just before …Homeowners refinance, put savings in piggy banks The Associated PressThis week's Real Estate stories MarketWatchLower rates spark wave of […]

Government welcomes HSBC mortgage pledge - guardian.co.uk

Voice of AmericaGovernment welcomes HSBC mortgage pledgeguardian.co.uk, UK - 6 hours agoHSBC will give the mortgage market a boost today with a promise to increase the amount it lends next year. The move is being welcomed by government …Financial newspapers highlight the benefits for tracker mortgage … FinancialAdvice.co.ukThe incredible shrinking mortgage. How low can it go? ScotsmanHouse […]

Iowans' late payments on mortgages grows - Chicago Tribune

Iowans' late payments on mortgages growsChicago Tribune, United States - 10 hours agoThe report by the Mortgage Bankers Association shows that a record one in 10 home mortgages nationwide was either delinquent or in foreclosure. …Give owners 5% mortgage and watch economy thrive Atlanta Journal ConstitutionForeclosure rate in Iowa dips, but late payments up DesMoinesRegister.comall 15 news […]

Getting Mortgage Fraud Down to an Art | The Big Picture

Astounding: Orson Benn, once a vice president at the nation’s largest subprime lender, spent three years during the height of the housing boom tutoring Florida.

Video: Mortgage Racket as Art | The Big Picture

Orson Benn’s network of mortgage brokers wrote thousands of subprime loans in Miami-Dade which have gone into foreclosure. via the Miami Herald.

keep looking »