Buyers often are eager to start looking at homes and tend to leave what they view as the boring, bureaucratic part of the homebuying process for last, says Michael Highfield, associate professor of finance and head of Mississippi State University's Department of Finance and Economics. “But in this competitive market, any serious buyer should pursue a preapproval from a lender in advance to …
The Arizona Housing Finance Authority , acting on behalf of the Arizona Department of Housing, announced that it has launched Home Plus, a new loan program to Maricopa Count
On Friday, the Federal Housing Finance Agency (FHFA), regulator of Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FMCC), proposed new minimum financial eligibility rules for non-bank mortgage sellers who originate and service mortgages for the two government-owned enterprises.
The California Housing Finance Agency announced today the details of its 2015 Mortgage Credit Certificate program, a statewide program that enables first-time homebuyers to convert a portion of their annual mortgage interest into a direct dollar-for-dollar tax credit on their U.S.
Polish Prime Minister Ewa Kopacz ordered an investigation on Tuesday into local banks' offering of mortgage loans in Swiss francs, a practice which has put 550,000 Polish homeowners at the mercy of financial markets since the franc surged last week. Separately, the heads of major banks were due to meet the finance minister, regulators and Central Bank governor Marek Belka at 1300 GMT, a day …
Yahoo Finance is answering your most-searched finance questions of the year. The fourth most-searched questions was: “Should I refinance my mortgage?”
Royal Bank of Scotland Group Plc could pay a fine to settle claims of misconduct in its handling of U.S. mortgage securities as early as this quarter, a person with knowledge of the matter said.
High Yield & Mortgage Plus Trust Announces Upcoming Termination
Mortgage rates have reached their lowest levels since 2007, and these cuts could have a bigger impact on borrower's finances than the popular stamp duty changes.
The Federal Housing Finance Agency will now allow some homebuyers to take out mortgages with down payments as low as 3%.