DEAR BENNY: My boyfriend mailed a check to pay off his mortgage to his lender two weeks ago. The check didn’t clear his bank, so he thought it may be lost in the mail. He has had a lot of ...
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A good indication of our much-improved real estate market is the lower number of mortgage redefaults. Fewer borrowers are redefaulting on their modified mortgages, according to a new report by the Office of the Comptroller of the Currency (OCC). Only ...Read More »
Home values are rising, but at a very slow rate. And of course, prices are rising at varying rates in different locations throughout the country. This was particularly apparent in data reported in August. Home values rose more slowly than ...Read More »