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Home Equity Loan Headlines

Increase in loan refinancing nationally hasn't hit home

ZANESVILLE -- Applications for refinancing home loans, bolstered by some of the lowest borrowing costs in 20 years, are up for the fifth straight week nationally, according to a weekly survey conducted by the Mortgage Bankers Association.

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Mortgage rates set new record lows, might hold steady next week

Treasury bond yields, which influence the home-loan rates, have surged since Tuesday. Mortgage rates fell for the 10th time in 11 weeks, setting fresh record lows, Freddie Mac reported Thursday. But a rebound in Treasury yields in the last two days raises the possibility that home-loan interest costs won't fall again next week.

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Donovan Not Ready to ‘Declare Victory’ on U.S. Housing Progress

Home sales, showing new signs of life two years after the credit crunch drove down home prices, must gain more ground before policy makers can “declare victory,” Housing and Urban Development Secretary Shaun Donovan said.

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Home Is Where the Tax Exemption Is

STATE and local governments are cracking down on people for improperly claiming something called the homestead exemption. Take Representative Charles B. Rangel of New York, who was accused of doing just that on a home he owns in Washington, D.C.

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401(k) loan? It may make sense

New research suggests it may be worthwhile to use retirement money to pay off some types of debt.

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Foreclosures mount in Idaho

Home foreclosures are climbing in the Northwest and Midwest, areas that had earlier dodged the worst of the mortgage crisis, according to real-estate data firm RealtyTrac.

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Pending Home Sales Reconfirm The Housing Market is Crashing

Record low levels of demand continue to haunt the U.S. housing market with July pending home sales re-confirming previous crash-level readings.

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