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Yahoo! Mortgage News |
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Yahoo! Finance: Mortgage News
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The latest news on Mortgage from Yahoo! Finance
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Don't tap retirement fund to pay off mortgage
[at MarketWatch] - In this week's Realty Q&A, a retiree says his only debt is his $94,000 mortgage, and he wonders whether he should tap his 401 to pay off that bill. Lew Sichelman offers some advice.
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Pending home sales index climbs 5.2% in July
[at MarketWatch] - Pending home sales in July rose 5.2% from downwardly revised June levels, the National Association of Realtors reports, though the indicator shows the market for existing homes is still depressed after the expiration of a key tax benefit.
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Fixed-rate mortgages, 5-year ARMs hit record low
[at MarketWatch] - Fixed-rate mortgages and 5-year ARMS are at record lows this week.
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A 15-year mortgage isn't for everyone
[at MarketWatch] - A growing number of homeowners are choosing to pay down their mortgages at a faster rate -- even if it means a substantial jump in their monthly payments.
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The dark side of loan-modification assistance
[at MarketWatch] - An employee at a home-loan modification "law firm" offers a word of warning about the services offered by the company for which he works.
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