CNN/Money RE News - Pam Dempsey

CNN/Money RE News

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Home mortgage rates and real estate news - CNNMoney.com
Amateur investors tap 401(k)s to buy homes	5/20/2013 4:09 AM
In order to get in on hot housing markets, amateur investors are buying up homes and taking risky measures -- like tapping their retirement accounts -- to fund the deals.
Home appraisals no longer derailing sales	5/15/2013 7:14 AM
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Apartment construction slows sharply	5/16/2013 8:44 AM
A sharp pullback in apartment and condominium construction led to a big decline in overall home building in April, even as single-family home construction remained strong, according to government data released Thursday.
96,000 borrowers shortchanged	5/9/2013 5:27 PM
Due to a processing error, borrowers received checks for less than what they were owed under a mortgage settlement reached with 13 mortgage servicers, the Federal Reserve said.
Where the mortgage deduction really pays	5/10/2013 4:27 AM
The mortgage interest deduction is one of the most expensive tax breaks on the books, but its benefits are distributed unevenly across the country, according to a new report by the Pew Charitable Trusts.
Homebuyers clueless about mortgages	5/8/2013 10:25 PM
The housing market is heating up, yet many house hunters are not prepared to take on the biggest purchases of their lives.
Sentiment shift: Home prices to rise	5/7/2013 12:00 PM
A majority of Americans forecast home prices will rise over the next 12 months for the first time in three-year old survey by Fannie Mae.
Secret 'pocket listings' return in hot housing markets	5/2/2013 9:48 AM
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America's Best Places to Live	10/15/2012 11:43 AM
These terrific small cities offer what American families care about most -- strong job opportunities, great schools, low crime, quality health care, and plenty to do. And they're true communities too
Hidden fees for homebuyers	5/3/2013 8:38 AM
FHA will generate $10 billion by locking middle-class borrowers into high fees for decades.