December 15, 2009
By Les Christie, cnn staff writer
Extreme modifications: 2%
mortgagesRodney Wynn was drowning under
his $1,800-per-month, 13.4% interest rate mortgage. But by 5 p.m., he
had found some relief: a 4.7% loan with a $970 monthly payment...
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December 09, 2009
By Les Christie, CNNMoney.com staff writer
Home
values plummet $500 billion
Residential real estate
owners suffered through
another down year, but losses were much lower than in 2008...
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December
02, 2009
Housing Market Meltdown Not Over!
The
meltdown of the U.S. housing market is not over yet, and home
prices will soon start trekking downward again as a flood of
foreclosures looms, a well-known economist said Wednesday...CONTINUE READING
By Les Christie, CNNMoney.com
staff writer
Should FHA home loans be more
expensive?
The
federal mortgage insurer's reserve fund has slipped below its mandated
minimum. Now the FHA and some lawmakers want to raise up-front costs
for borrowers...CONTINUE
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