How to Buy a Home in Cash With No Mortgage" alt="How to Buy a Home in Cash With No Mortgage" />

A record 33 percent of all home buyers in the U.S. pay in cash, according to the National Association of Realtors. How do these people come up with the loot to buy a home – often in the hundreds of thousands of dollars – without a bank loan? Well, some of them are investors and wealthy individuals with big ... Continue Reading »

Mortgage Lender to Aid Struggling Military Personnel" alt="Mortgage Lender to Aid Struggling Military Personnel" />

Starting next month, leading mortgage lender Bank of America – as well as a new national, nonprofit network – will both begin offering financial relief to military personnel struggling with their mortgage payments. Under the Bank of America program to launch April 1, the nation's largest lender will offer ... Continue Reading »

New Year's Resolutions for Homebuyers" alt="New Year's Resolutions for Homebuyers" />

Like many homebuyers, you sat on the sidelines for the past few years -- watching the real estate market go from boom to bust -- and now you're just about ready to jump in. What renter wouldn't be at least toying with the idea of homeownership, with interest rates well below 5 percent and home prices having dropped more ... Continue Reading »

Down Payment: You Need One, Start Saving" alt="Down Payment: You Need One, Start Saving" />

When 30-year-old Kimberly Palmer, and her husband, Sujay Dave, purchased a townhouse this year in a suburb of Washington, D.C., they may have seemed like typical first-time homebuyers. Young, educated and hard-working, the couple also had a newborn daughter, Kareena. But they were different from most first-time ... Continue Reading »

Credit Scores Sink 1/3 of Possible Homebuyers" alt="Credit Scores Sink 1/3 of Possible Homebuyers" />

Even though home prices and interest rates have come down dramatically, many Americans aren't able to qualify for mortgages because they have low credit scores, a new survey reveals. According to a recent study, nearly 30 percent of all Americans searching for home loans are effectively locked out of the conventional ... Continue Reading »