Mortgage applications slump as rates rise

Mortgage applications slumped last week as interest rates on 15- and 30-year fixed-rate mortgages rose for the first time in six weeks.

Foreclosure mess will last for years

How long will it take before the American nightmare of home foreclosures is over? Ask Mike Dillon, who’s been fighting to keep his New Hampshire home for most of the past decade.

Housing starts up unexpectedly in September

Home construction rose slightly last month on the strength of single-family homes, but the market was still too weak to propel growth in the battered industry.

BofA admits some foreclosure mistakes: report
Bank of America Corp. acknowledged some mistakes in foreclosure files as it begins to resubmit documents in 102,000 cases, the Wall Street Journal said.

Signs of a widening foreclosure mess

A diminishing inventory of foreclosed properties — often caused by title issues — has economists worried about its impact on real estate and the economy as a whole.

Life Inc.: Architecture gives housing hope glimmer
Amid all the gloom and doom on the housing market comes a pinprick of light. A new survey from the American Institute of Architects shows that demand for design services is growing for the first time in almost three years.

FBI stepping into foreclosure-document mess
Big lenders are trying to move past the foreclosure-document mess, saying they are now confident their paperwork is accurate.

The Importance of Selling Benefits
When we evaluate selling our views on why someone would hire us, we really only have two options to sell. We can sell features of our service, or we can sell the benefits the client will receive.