Home mortgage rates and real estate news - CNNMoney.com

Home buying at most affordable level in decades

Thu, 17 May 2012 11:16:09 EDT

Buying a home has reached its most affordable level in more than two decades.

The Facebook effect on San Francisco real estate

Thu, 17 May 2012 12:50:12 EDT

The Basis Point is a popular mortgage and housing blog that tracks consumer critical issues and data. It is edited by Julian Hebron, a retail mortgage lender who runs the San Francisco branches of RPM Mortgage.

Mortgage rates hit record low again

Thu, 17 May 2012 12:09:44 EDT

Buying a home just got even cheaper as interest rates on both 30-year and 15-year-fixed-rate mortgages set record lows for the third week in a row.

Foreclosures fall to lowest level since 2007

Thu, 17 May 2012 11:18:48 EDT

Foreclosure filings in April fell for the third straight month to the lowest level since July 2007.

BofA offering up to $30K for short sales

Tue, 15 May 2012 18:37:33 EDT

Bank of America is offering some struggling homeowners payments of up to $30,000 if they sell their homes in a short sale and avoid ending up in foreclosure.

Mortgage delinquencies drop to 4-year low

Wed, 16 May 2012 10:21:50 EDT

The percentage of borrowers who have dropped behind on their mortgage payments fell to a four-year low in the first three months of 2012, a bankers' group said Wednesday.

George Lucas proposes affordable housing plan

Wed, 16 May 2012 07:56:47 EDT

The film emperor may be striking back. For 25 years, filmmaker George Lucas tried to persuade his Marin County, Calif., neighbors to let him build a digital production studio on his ranch there, but the area's residents thwarted the plan.

Park Ave. co-op sells for record $52.5M

Tue, 15 May 2012 14:18:15 EDT

A recent sale in New York's famed 740 Park Avenue apartment building marked the highest price ever paid for a co-op in the city's history.

Housing: The one bailout America could really use

Tue, 17 Jan 2012 19:20:23 EST

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.

Unique home in the Jersey woods

Fri, 11 May 2012 11:12:20 EDT

One of America's most flamboyant private residences lies in the woods of northwest New Jersey. It's the personal vision of artist and craftsman Ricky Boscarino and reflects his eccentric world view.

Redo your roof the right way

Fri, 11 May 2012 06:30:26 EDT

It's hard to imagine a less enjoyable way to blow $5,000 to $15,000 (or more) than putting on a new roof.

Artist's habitat in the Jersey woodlands

Fri, 11 May 2012 11:16:26 EDT

Ricky Boscarino is a sculptor, painter and jewelry maker whose biggest art project for the past 23 years has been his home on five quiet acres.

Another record low for mortgage rates

Thu, 10 May 2012 10:49:26 EDT

Mortgage interest rates hit new lows this week as both the 30-year and the 15-year fixed-rates fell, according to a weekly survey by Freddie Mac. It was the second consecutive week that rates broke records.

10 housing markets set for double-digit price gains

Wed, 09 May 2012 13:28:03 EDT

Ten hard-hit housing markets will record double-digit price increases through 2013, according to a report Wednesday.

Consumer bureau targets predatory lending

Thu, 10 May 2012 04:55:41 EDT

The federal government is considering a new set of rules on mortgage origination that it says would make the process simpler and more transparent for borrowers.

7 questions for your next real estate agent

Wed, 09 May 2012 06:29:34 EDT

After four years of sleepy sales during the traditionally busy spring and summer homebuying seasons, real estate experts are forecasting a pickup.

For sale: $50M Lake Tahoe compound with vanishing garage

Fri, 04 May 2012 08:25:31 EDT

When Internet millionaire Tom Gonzales was putting together his elaborate family compound on the shores of Lake Tahoe, he had one big concern: Where to put some of the most valuable cars in his 400-car collection.

Mortgage rates hit record lows

Thu, 03 May 2012 11:59:06 EDT

Average rates for both 15-year and 30-year fixed mortgages fell to new all-time record lows this week, according to a report released by Freddie Mac Thursday.

Selling America's bunkers

Thu, 03 May 2012 11:43:27 EDT

Edward Peden and Dianna Ricke-Peden built their dream home in an unusual location -- an old underground missile bunker in rural Kansas.