Stories Tagged as
Housing
From CDs to Mortgage?
Apr 3, 2008
Question: I have a $240,000 fixed rate mortgage at 5.75%. My monthly PITI payment is a little under $1,900/month. And I get by OK on my retirement...
Senate approval seen on housing bill
Apr 2, 2008
U.S. senators say they are close to a deal on a bill that would include money for counseling people at risk of losing their homes, and incentives for communities and citizens to buy foreclosed properties. Jeremy Hobson reports.
IRS making sure your rebate gets spent
Apr 1, 2008
Most taxpayers will get anywhere from $600 to $1,200 from Uncle Sam as part of the federal plan to stimulate the economy. But many taxpayers will use the money to pay down debts instead. So, as Rico Gagliano reports, the IRS isn't taking any chances.
The renters' end of the housing crisis
Apr 1, 2008
In the latest edition of our Housing Madness series, we look at a group of people who never even took out a subprime loan -- or any loan for that matter. Steve Tripoli explores the story from the renters' perspective.
Buybacks to regulate mortgages
Mar 31, 2008
Congress is considering a proposal to re-instate a homeowners' loan institution that hasn't existed since the 1930's. Lawmakers want it to profit by buying back troubled mortgages. John Dimsdale reports.
Finding real estate answers online
Mar 28, 2008
Real estate Web sites were already popular for browsing prices, but as Stacey Vanek Smith reports, people now use these sites to find housing crisis comfort from fellow surfers.
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Penny, the new 'Mac' on the block
Mar 28, 2008
A new private sector effort to fix the housing crisis appeared this week as former Countrywide execs announced PennyMac. Ashley Milne-Tyte explains the plan.
For public good, not for profit.
A broker takes up ARMS with us
by
Scott Jagow
Mar 28, 2008
Yesterday, we aired a story about adjustable rate mortgages as part of our Housing Madness series. Retired real estate broker Ann Hymes wrote in to let us know that ARMS aren't the problem here. She talks to Scott Jagow.
Homeowners still up in ARMS
by
Bob Moon
Mar 27, 2008
Despite the devastating subprime crisis, the number of new adjustable rate mortgages is on the rise. In the second part of our "Housing Madness" series, Bob Moon takes a look into the lure of these loans and why they're not a good deal.
Pension funds get back in the action
Mar 25, 2008
It's not just wannabe homebuyers who are keeping an anxious eye on the real estate market. State pension funds lost billions when the subprime loan crisis hit and the market collapsed. But now they smell a bargain and they're getting back into the game. Stacey Vanek-Smith reports.
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