Home mortgage rates and real estate news - CNNMoney.comHome mortgage rates and real estate news - CNNMoney.com

From CNN and Money magazine, CNNMoney.com combines business news and in-depth market analysis with practical advice and answers to personal finance questions.

© 2008 Cable News Network LP, LLLP.


Wed, 02 Jul 2008 17:02:13 EDT

Vulture investors swoop in

Rock-bottom home prices have finally begun to lure vulture real estate investors into the fray.


Wed, 02 Jul 2008 17:02:02 EDT

Pace of housing rescue slows

Hope Now, the mortgage industry alliance of lenders, servicers and housing counselors, reported Wednesday that it helped roughly 170,000 homeowners avoid foreclosure in the month of May.


Thu, 03 Jul 2008 12:24:50 EDT

Mortgage rates drop, snapping a 3-week climb

Rates on 30-year fixed mortgages fell for the first time in three weeks after the Federal Reserve said last week that it expects inflation to level off, according to mortgage backer Freddie Mac.


Mon, 30 Jun 2008 11:16:47 EDT

5 celebrity foreclosures

The effects of the foreclosure crisis are rippling throughout the country - and even the rich and famous are not immune.


Wed, 02 Jul 2008 08:10:55 EDT

Mortgage applications rebound

Read full story for latest details.


Mon, 19 May 2008 12:09:28 EDT

Latest home prices - first quarter

Single-family home prices dropped 7.7% in the first quarter in the largest year-over-year decline since the National Association of Realtors began reporting prices in 1982.


Mon, 19 May 2008 12:23:37 EDT

Where home prices are headed next

The housing implosion is nowhere near over. In 75 of the 100 top U.S. cities, prices are expected to fall in the next 12 months according to Fiserv Lending Solutions.


Wed, 02 Jul 2008 04:00:16 EDT

Manhattan real estate starts to soften

Even the lofty Manhattan real estate market is beginning to soften, according to reports released Wednesday by four of the city's top real estate agencies.


Tue, 01 Jul 2008 18:02:19 EDT

Bush: Housing bill possible

Read full story for latest details.


Fri, 27 Jun 2008 18:38:53 EDT

Inching along on housing rescue

An omnibus housing rescue package, some elements of which have been debated in Congress for years, had been on track Wednesday to finally move toward enactment but hit a speed bump that puts in question when lawmakers will vote.


Thu, 26 Jun 2008 11:29:12 EDT

Existing home sales rise on price drop

Sales of existing homes rose slightly more than expected in May as home buyers responded to plummeting home prices, according to an industry trade group.


Mon, 30 Jun 2008 18:41:43 EDT

Florida sues Countrywide

Read full story for latest details.


Thu, 26 Jun 2008 08:33:22 EDT

Lennar's quarterly loss narrows

Read full story for latest details.


Mon, 30 Jun 2008 15:40:51 EDT

Wachovia quits offering risky loan option

Read full story for latest details.


Fri, 27 Jun 2008 10:00:18 EDT

KB Home's quarterly loss widens

Read full story for latest details.


Tue, 24 Jun 2008 14:02:35 EDT

Home prices post record 15.3% drop

U.S. home prices posted record declines in April, extending a painful losing streak for U.S. home prices.


Wed, 25 Jun 2008 17:52:47 EDT

Going solar in the Sunshine State

Jessie Prado sees himself as a bit of a trailblazer. His house in Boca Raton, Florida is easy to pick out. It's the only one with solar panels - and solar power. He, as well as his power company, Florida Power and Light, are making an investment in solar power in the Sunshine State.


Fri, 27 Jun 2008 18:39:04 EDT

Closing the book on Countrywide

Time will tell if Bank of America's purchase of Countrywide Financial Corp. winds up being a bargain or a boondoggle.


Mon, 23 Jun 2008 07:56:41 EDT

Over the horizon, a housing recovery

The current housing market is bleak: home prices and sales are plummeting, foreclosure proceedings are skyrocketing and mortgage rates are on the rise.


Wed, 25 Jun 2008 17:06:11 EDT

Calif. home sales soar 18% as prices swoon

On Wednesday there was some good news for California, which has been one of the hardest hit states in the housing crisis, when a local realtor group said that sales there jumped 18% in May compared to May 2007.