Amateur investors tap 401(k)s to buy homes 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.
Apartment construction slows sharply 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 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 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 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 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.
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Hidden fees for homebuyers FHA will generate $10 billion by locking middle-class borrowers into high fees for decades.
