Homeowner | featured news

While September brings the first day of fall, October can be the harbinger of the winter and all of its frigid pitfalls. It's best to be prepared for the frost and snow with a few simple tasks that will prevent drafts, frosty windows and every homeowner's nightmare: Busted pipes.

On recent initiatives, President Obama used his executive authority rather than seeking legislation... During a three-day Western trip that ended Wednesday, Obama announced initiatives that could help 1.6 million college students repay their federal loans, 1 million homeowners meet their mortgage payments, and 8,000 veterans find jobs.

A leading housing regulator on Monday announced changes to a government refinancing program that could help up to one million homeowners whose homes are worth less than their mortgage.

While it's cheaper to buy than to rent in most of America's big cities, access to mortgages is tough in the wake of tighter credit standards from banks.

The Obama administration is considering a program to let millions of homeowners refinance at today’s rates.

It's an ominous sign for housing. The percentage of homeowners who have missed at least one mortgage payment has risen for the second straight quarter, the Mortgage Bankers Assn. says.

An initiative from the Obama administration is meant to allow eligible homeowners to postpone all or part of their mortgage payments for a year or more.

Fixed mortgage rates have fallen to their lowest levels of the year, giving Americans more incentive to buy homes or refinance their loans. Freddie Mac said Thursday the average rate on the 30-year loan fell to 4.63 percent from 4.71. The average rate on the 15-year fixed mortgage slipped to 3.82 percent from 3.89 percent. Both are at their lowest points since December. It marked the fourth straight weekly decline.

The U.S. House of Representatives on Tuesday voted to kill President Barack Obama's signature program to help struggling homeowners avoid foreclosure.

With home prices down and mortgage rates near record lows, a lot of people feel that now is the perfect time to jump into the housing market.