RECENT BLOG POSTS
Rock-bottom interest rates and stronger sales in higher-priced neighborhoods helped Southern California's housing market post robust gains in the typically sleepy month of December, new data show, and experts say the momentum is continuing -- ushering in an early start to the spring home-buying s...
Applications for home loans jumped 9% last week as interest rates declined for all types of mortgages, falling back to 5% for 30-year fixed loans, the industry trade association reported Wednesday.The Mortgage Bankers Assn.'s weekly survey is showing an increase in applications for both purchase ...
New rules for FHA borrowersThe Federal Housing Administration (FHA) today outlined future changes to the FHA home loan program. The changes first were proposed last month by Secretary of Housing and Urban Development (HUD) Shaun Donovan. Defaults on FHA loans have led to the FHA's cash reserves ...