The Fed Might Begin Tapering, however Mortgage Charges Play by Their Personal Guidelines

The Federal Reserve is lastly planning to taper off its mortgage-bond shopping for, so traders and homebuyers may be anticipating some huge swings in mortgage charges. However, as with nearly … Read More

What the Curiosity Fee Lower Means for You

The Federal Reserve lower its short-term benchmark price by a quarter-percentage level for the third time this 12 months on Wednesday, reducing the federal-funds price to a variety between 1.5% … Read More

Struggling Borrowers Want To Pause Their Mortgage Payments. It Hasn’t Been Easy.

Struggling homeowners are flooding their mortgage companies with requests for help as the coronavirus pandemic wrecks the economy. Many are having a hard time getting it. Homeowners say they are … Read More

What Happens to the Mortgage When Your House Burns Down

If your house goes up in flames, does your obligation to pay your mortgage go with it? Borrowers are bound by the promissory note they sign at the closing of … Read More

How to Sell Your Home Without a Real-Estate Agent

The chance to avoid paying the typical 6% commission to a real-estate agent—saving potentially tens of thousands of dollars on a luxury home—motivates a lot of homeowners to list their … Read More

Financial institution of America’s Latest Mortgage: 3% Down and No FHA

Financial institution of America Corp. BAC -2.34% is rolling out a new-mortgage product that might enable debtors to make down funds of as little as 3%, in a transfer that … Read More

Wells Fargo to Provide Low-Down-Fee Mortgages With out FHA Backing

Wells Fargo WFC 2.72% & Co. is rolling out a brand new mortgage for debtors making minimal down funds, an providing that would enable the financial institution to step again … Read More

Ocwen Swiftly Went on Counterattack Against the CFPB

Photo: Associated Press WASHINGTON—Five days after it was accused of illegally foreclosing on more than 1,000 struggling mortgage borrowers, Ocwen Financial Corp. OCN -4.91% turned to audacious action: It asked … Read More

Is the Mortgage Interest Deduction Worth It?

Photo: Getty Images/iStockphoto William G. Gale’s “Chipping Away at the Mortgage Deduction” (op-ed, April 10) misses the whole point of income taxes. A federal income tax should be fair and … Read More