How will the subprime mortgage mess, high mortgage rates, falling home prices and tougher standards for equity lines of credit impact you? We're tracking all of it, providing the latest, most comprehensive information.
Now that the Congress passed its big bad bill to save the economy or at least shore up the credit markets, attention is turning back to the crux of the whole problem; that being foreclosures.
Nearly a half-million distressed homeowners to get some relief after Countrywide settled with officials in 11 states, with Jerry Brown, California attorney general and CNBC's Maria Bartiromo.
I’m not quite sure what to make of Coldwell Bankers’ “National 10-Day Sales Event” which urges its clients to lower the price of their homes by 10 percent for ten days. In return the sellers get special promotions for the listings, through radio, print and web advertising.
Amid the market melee, you may be starting to question the investment strategy behind your battered portfolio, but before you attempt any knee-jerk moves to mitigate risk, consider the impact an uber conservative investment stance might have on your ability to feather your nest egg.
As the Wall Street crisis unfolds, insurance policy holders might be asking themselves if the premiums they are paying for their coverage are going to do what are supposed to do: protect them from risk.
A look at the housing sales in Darien, CT, home of the highest percentage rate of financial services workers in the country, with CNBC's Rebecca Jarvis
One of the largest U.S. real estate brokerages Monday said it is asking its sellers to cut listing prices by as much as 10 percent to kick-start U.S. home sales in a market plagued by a two-year price slump and near-record unsold supply.
YOU & YOUR HOME
Current DateTime: 05:14:33 07 Oct 2008 LinksList Documentid: 22027142
As part of a settlement with state attorneys general that could be worth as much as $8.6 billion, Bank of America said Monday it would cut interest rates and principal on some troubled mortgages originated by Countrywide Financial.
One of the largest U.S. real estate brokerages Monday said it is asking its sellers to cut listing prices by as much as 10 percent to kick-start U.S. home sales in a market plagued by a two-year price slump and near-record unsold supply.
The New York Times reports how Fannie Mae, under pressure from Wall Street firms, Congress and company shareholders, took risks that pushed the company, and, in turn, the nation’s financial health, to the brink.
New York City's famously overheated real estate market is shivering as the number of homes on the market reaches an eight-year peak and sales activity falls to its lowest level in five years.