Real Estate | featured news

Mortgage rates hit new low

Freddie Mac said Thursday the going rate on a 30-year fixed rate mortgage fell to 4.69%, its lowest level since the company started keeping track 38 years ago.

 

May home sales unexpectedly fall 2.2 percent

Sales of previously occupied homes dipped 2.2 percent in May, suggesting government home-buying incentives are winding down earlier than anticipated.

 

$75M mansion near Orlando selling 'as is'

$75M mansion near Orlando selling 'as is'

The brochure promises a "monument to unparalleled success."

 

S.E.C. Accuses ICP Asset Management of Fraud

The Securities and Exchange Commission on Monday accused a New York firm that helped manage complex mortgage securities of defrauding investors as the housing market collapsed.

 

Feds charge 1,200 people in mortgage fraud crackdown

In a nationwide effort, officials file criminal charges against individuals allegedly responsible for $2.3 billion in fraud. 'These schemes are despicable; they are dangerous to our economy,' Atty. Gen. Eric Holder says.

 

Farkas Charged in TARP Fraud Case

Farkas Charged in TARP Fraud Case

A grand jury has indicted the chief executive of what was once among the nation's largest independent home-loan providers on 16 counts of bank, securities and wire fraud.

 

Fannie and Freddie stock delisted

US home loan giants Fannie Mae and Freddie Mac are to cease trading on the New York Stock Exchange (NYSE).

 

Housing Starts Stumble After Stimulus

Extending the homebuyer tax credit won't avoid a possible double-dip, only delay it.

 

When Families Disagree Over Jointly Owned Property

What to do when one owner wants out, one doesn't.

 

Dow closes up 225 points after pending home sales top forecasts

The stock market rebounded Wednesday after a stronger-than-expected increase in pending home sales restored investors' optimism about the economy.

 

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