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07/19/2007 Bernanke promises new rules to combat unfair lending practices
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The Federal Reserve will propose new rules to combat unfair or deceptive mortgage lending practices later this year, Chairman Ben Bernanke told members of the House Financial Services Committee Wednesday.
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07/19/2007 Seven Steps To A Credit Score Makeover
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You can mitigate the effect of tighter mortgage underwriting standards by improving your credit report profile and, as a result, your credit score.
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07/19/2007 Don't Go Overboard When Getting a House Ready for Sale
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Tony Mascone has accepted a job offer in Colorado and has until December to sell his house in New Jersey. He and his wife, Liz, have been discussing what to do to get the place ready for the market.
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07/19/2007 How to Use Less Gas: Alternative Transportation
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At around $3.00 a gallon, experts are saying that the price of gas is not impacting the economy too much. We seem to be able to handle $3.00 a gallon.
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07/18/2007 Subprime worries grow with Bear Stearns news
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Two Bear Stearns hedge funds that invested in securities backed by subprime mortgages have very little or no value, the company told investors in a letter Tuesday.
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07/18/2007 Refis push home loan apps higher
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Despite a drop in home purchases, last week's jump in refinancing applications pushed overall volume higher, the Mortgage Bankers Association reported today.
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07/18/2007 Tough month for home construction
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Home construction in June continued to trail activity from a year ago, as building permits, housing starts and completions were down an average of 24 percent, the U.S. Census Bureau and the Department of Housing and Urban Development reported today.
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07/18/2007 New Yorkers pay highest closing costs
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A nationwide survey of lenders by Bankrate.com found that while closing costs are lower than last year, residents of some states continue to pay considerably more than others.
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07/18/2007 Mixed night for real estate rates
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Long-term mortgage interest rates were scattered Tuesday, and the
benchmark 10-year Treasury bond yield rose to 5.05 percent.
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07/18/2007 Redfin snags another $12 million in funding
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Redfin, the Seattle-based online real estate brokerage that's shaken up the industry by offering deep commission discounts to consumers, has secured another $12 million in venture capital funding and announced expansion in the East Coast.
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