May 23rd 2013 1:00PM
By Diana Olick Strong demand and still limited supply mean homes are now selling nearly three times as fast as they normally would. The average number of days a listing stayed on the market in April was 46, down from 62 in March and down from the normal pace of 90-120 days, according to the National Association of... Continue Reading »
May 17th 2013 1:30PM
By Scott Sheldon A program made popular in the height of the subprime lending environment was the no-cost mortgage. No-cost mortgages have gotten quite a bit of exposure lately, as consumers seek to better understand loan terms, interest rates and how to qualify for mortgages in an ever-tightening credit market. And then... Continue Reading »
May 13th 2013 11:30AM
By Alison Paoli Mortgages are tricky and often hard to understand. Because most people only purchase a home every five to seven years, prospective homebuyers understandably don't spend a lot of time in the interim educating themselves about mortgages and the mortgage process. With the real estate market picking up and... Continue Reading »
Apr 8th 2013 2:15PM
By Chris Birk Mortgage rates are beginning to creep up, but they're still well within the kind of range that makes longtime homeowners shake their heads in disbelief. The average interest rate on a 30-year fixed-rate mortgage hit 3.63 percent for the week of March 10, marking the highest point since last summer. So while... Continue Reading »
Feb 25th 2013 12:20PM
By Scott Shieldon As you shop for a house and consider taking out a mortgage, determining your house payment can no doubt be a time-consuming process -- running calculations, getting updated payment scenarios from your mortgage company, and determining whether or not you can qualify. What you might not realize is that... Continue Reading »
