Mortgage Woes

Mortgage Woes

Are you looking to lower payments on your mortgage? Despite the Obama administration's efforts, the New York Times reports that for many it's a frustrating process. It wasn't supposed to be this way - under the terms of the Obama…

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Who Provides Your Mortgage?

Who Provides Your Mortgage?

There's good news for those concerned about their mortgage. HOPENOW, a nonprofit alliance, unveiled its redesigned Web site to allow homeowners to connect directly with their mortgage servicer. Homeowners fill out the new online assistance form and receive acknowledgement of…

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Good News For Home Buyers?

Good News for Home Buyers?

At least with the wave of foreclosures and declining home values, things are looking good for prospective home buyers. According to the New York Times, the Housing Affordability Index is at its highest level since data was first collected in…

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Foreclosure Rate Spike

Foreclosure Rate Spike

The bad news just keeps pouring in on the homeownership front. U.S. foreclosure filings were up 81 percent in 2008 from the previous year with more than 2.3 million homeowners filing in all. Experts are forecasting more bad news ahead…

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