Home mortgage rates and real estate news - CNNMoney.com

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07/23/2008 12:01 PM

New Fed rules miss one key lending abuse

Mortgage brokers are getting paid fat fees by lenders to put unsuspecting borrowers into expensive loans. And the new lending rules issued last week by the Federal Reserve do nothing to stop this abusive practice.

07/22/2008 08:05 PM

Need a mortgage? Bring cash

Are you ready to buy a house in this crazy market? Better bring a boatload of money to the closing.

07/23/2008 09:39 AM

Mortgage applications fall 6.2%

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07/17/2008 04:54 PM

A plan to jumpstart the mortgage market

A group representing the buyers and sellers of mortgage backed securities unveiled a plan on Wednesday to recharge the moribund mortgage securitization market.

07/22/2008 02:10 PM

California foreclosures hit 20-year high

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05/19/2008 12:09 PM

Latest home prices - first quarter

Single-family home prices dropped 7.7% in the first quarter in the largest year-over-year decline since the National Association of Realtors began reporting prices in 1982.

05/19/2008 12:23 PM

Where home prices are headed next

The housing implosion is nowhere near over. In 75 of the 100 top U.S. cities, prices are expected to fall in the next 12 months according to Fiserv Lending Solutions.

07/22/2008 06:56 AM

Wachovia to exit wholesale mortgage business

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07/22/2008 11:15 AM

U.S. home prices drop 4.8% in May

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07/21/2008 11:15 AM

Mortgage rates fall...again

Rates on 30-year fixed mortgages fell for the second week in a row on increased speculation that the Federal Reserve will not raise interest rates before the end of the year, according to mortgage backer Freddie Mac.

07/15/2008 01:59 PM

Confessions of a subprime lender

Richard Bitner opened his own mortgage shop in 2000, and had the good fortune to bail out of the business in 2005, before the housing crisis hit.

07/16/2008 04:35 AM

Housing rebound: When to spot one

This is already one of the worst national housing downturns in half a century. But what's really scary is that judging from the still-huge overhang of unsold homes - one of the key indicators of the market's prospects - things could get worse. In fact, much worse if the economy slips into recession.

07/21/2008 11:42 AM

Commercial mortgage delinquencies up

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07/16/2008 10:08 AM

Mortgage applications rise 1.7%

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07/16/2008 01:19 PM

Builder confidence reaches record low

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07/16/2008 10:12 AM

Paulson in Fannie, Freddi hot seat

Treasury Secretary Henry Paulson was hammered by lawmakers on Tuesday over the Bush administration's plan to prop up mortgage finance giants Fannie Mae and Freddie Mac.

07/16/2008 10:12 AM

Bernanke's gloomy outlook

The housing finance crisis and spiraling energy costs will remain a drag on the U.S. economy for the rest of the year, Federal Reserve Chairman Ben Bernanke told lawmakers in a gloomy presentation about the economic outlook.

07/16/2008 10:12 AM

Fed's war against shady home loans

The Federal Reserve unanimously approved new mortgage lending rules Monday in a crackdown on shady practices - particularly those involving subprime loans made to borrowers with weak credit.

07/15/2008 01:59 PM

Mortgages: More expensive, scarce

The fate of Fannie Mae and Freddie Mac may be hanging in the balance but many mortgage borrowers already find themselves struggling to find affordable loans.

07/15/2008 02:00 PM

Fannie, Freddie: Not out of the woods

The federal government's plan to rescue Fannie Mae and Freddie Mac won support from some experts and politicians Monday but did not fully assure investors in the beleaguered mortgage finance giants.