Home mortgage rates and real estate news - CNNMoney.com
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Thu, 17 May 2012 10:09:05 EDT

Home buying at most affordable level in decades
Posted: Thu, 17 May 2012 10:08:46 EDT
Buying a home has reached its most affordable level in more than two decades.

Foreclosures fall to lowest level since 2007
Posted: Thu, 17 May 2012 05:06:47 EDT
Foreclosure filings in April fell for the third straight month to the lowest level since July 2007.

BofA offering up to $30K for short sales
Posted: Tue, 15 May 2012 18:37:33 EDT
Bank of America is offering some struggling homeowners payments of up to $30,000 if they sell their homes in a short sale and avoid ending up in foreclosure.

Mortgage delinquencies drop to 4-year low
Posted: Wed, 16 May 2012 10:21:50 EDT
The percentage of borrowers who have dropped behind on their mortgage payments fell to a four-year low in the first three months of 2012, a bankers' group said Wednesday.

George Lucas proposes affordable housing plan
Posted: Wed, 16 May 2012 07:56:47 EDT
The film emperor may be striking back. For 25 years, filmmaker George Lucas tried to persuade his Marin County, Calif., neighbors to let him build a digital production studio on his ranch there, but the area's residents thwarted the plan.

Park Ave. co-op sells for record $52.5M
Posted: Tue, 15 May 2012 14:18:15 EDT
A recent sale in New York's famed 740 Park Avenue apartment building marked the highest price ever paid for a co-op in the city's history.

Unique home in the Jersey woods
Posted: Fri, 11 May 2012 11:12:20 EDT
One of America's most flamboyant private residences lies in the woods of northwest New Jersey. It's the personal vision of artist and craftsman Ricky Boscarino and reflects his eccentric world view.

Housing: The one bailout America could really use
Posted: Tue, 17 Jan 2012 19:20:23 EST
Laurie Goodman is an apolitical number cruncher who has spent most of her 28-year career out of the public view, studying the minutiae of mortgage-backed securities (MBS) for big investment banks. She's long been a star among Wall Street insiders, however. She holds the record for the most top rankings for fixed-in-come research from the trade bible Institutional Investor.

Redo your roof the right way
Posted: Fri, 11 May 2012 06:30:26 EDT
It's hard to imagine a less enjoyable way to blow $5,000 to $15,000 (or more) than putting on a new roof.

Artist's habitat in the Jersey woodlands
Posted: Fri, 11 May 2012 11:16:26 EDT
Ricky Boscarino is a sculptor, painter and jewelry maker whose biggest art project for the past 23 years has been his home on five quiet acres.

Another record low for mortgage rates
Posted: Thu, 10 May 2012 10:49:26 EDT
Mortgage interest rates hit new lows this week as both the 30-year and the 15-year fixed-rates fell, according to a weekly survey by Freddie Mac. It was the second consecutive week that rates broke records.

10 housing markets set for double-digit price gains
Posted: Wed, 09 May 2012 13:28:03 EDT
Ten hard-hit housing markets will record double-digit price increases through 2013, according to a report Wednesday.

Consumer bureau targets predatory lending
Posted: Thu, 10 May 2012 04:55:41 EDT
The federal government is considering a new set of rules on mortgage origination that it says would make the process simpler and more transparent for borrowers.

7 questions for your next real estate agent
Posted: Wed, 09 May 2012 06:29:34 EDT
After four years of sleepy sales during the traditionally busy spring and summer homebuying seasons, real estate experts are forecasting a pickup.

For sale: $50M Lake Tahoe compound with vanishing garage
Posted: Fri, 04 May 2012 08:25:31 EDT
When Internet millionaire Tom Gonzales was putting together his elaborate family compound on the shores of Lake Tahoe, he had one big concern: Where to put some of the most valuable cars in his 400-car collection.

     
 

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