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Homeowners holding onto interest rate (access required)

Homebuyers may soon face a growing problem of lack of available homes in their local markets. One key reason for the low inventory is the super-low rates many owners enjoyed when they refinanced their properties. Homeowners who refinanced when fixed ...

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Law provides ‘due on sale’ exceptions (access required)

DEAR BENNY: I have a question about the Garn-St. Germain Act, which I understand deals with the so-called “due on sale” clause that is contained in most mortgage loan documents.     If an estate beneficiary inherits a single-family residential property from ...

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Commission depends upon contract (access required)

DEAR BENNY: I am about to sell my house. What options to I have?  ─ Michael DEAR MICHAEL: That’s a great question. When homeowners decide to sell their house, they have several options. The most common approaches are to try ...

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