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Below are the latest real estate news headlines for buyers and sellers.
Home mortgage rates and real estate news - CNNMoney.comWhat the $26B settlement means for you The nation's five largest banks have finally struck a deal with 49 states to settle charges of abusive and negligent foreclosure practices dating back to 2008. Read Article Thu, 09 Feb 2012 12:40:33 EST 30-year mortgage rate holds at record low Rates on 30-year fixed mortgages remained at an all-time record low for the second week in a row. Read Article Thu, 09 Feb 2012 12:39:05 EST Mortgage deal could bring billions in relief In the largest deal to date aimed at addressing the housing meltdown, federal and state officials on Thursday announced a $26 billion foreclosure settlement with five of the largest home lenders. Read Article Thu, 09 Feb 2012 12:41:02 EST Big states set to make mortgage deal real New York and California will join just about all the other states in a settlement with the nation's largest banks aimed at helping homeowners struggling with loans bigger than the value of their homes, according to a person familiar with the talks. Read Article Thu, 09 Feb 2012 08:44:25 EST Homes in foreclosure decline by 130,000 Slowly, but surely, the foreclosure crisis seems to be abating. Read Article Wed, 08 Feb 2012 09:09:12 EST Foreclosure deal has 40 states, but others balk More than 40 states have signed on to a draft deal settling claims of improper mortgage servicing that's aimed at relieving homeowners struggling with loans bigger than their home's value. Read Article Tue, 07 Feb 2012 07:24:56 EST Finally, a foreclosure settlement (Maybe) States have until late Monday to agree to the latest draft deal aimed at relieving homeowners struggling with mortgages bigger than their home's value. Read Article Fri, 03 Feb 2012 05:21:07 EST Housing: The one bailout America could really use Laurie Goodman is an apolitical number cruncher who has spent most of her 28-year career out of the public view, studying the minutiae of mortgage-backed securities (MBS) for big investment banks. She's long been a star among Wall Street insiders, however. She holds the record for the most top rankings for fixed-in-come research from the trade bible Institutional Investor. Read Article Tue, 17 Jan 2012 19:20:23 EST Home repairs: Which jobs come first? Lean times call for budgetary triage. But while you should clearly opt for orthodontics before Disneyland, the choice is tougher when it comes to home maintenance. Read Article Fri, 03 Feb 2012 05:27:41 EST Mortgage rates hit another new low Just one day after President Obama detailed a proposal to enable millions of homeowners to refinance to record-low mortgage rates, those rates notched another record. Read Article Thu, 02 Feb 2012 13:40:28 EST
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