Real Estate News Congressional-Team.

Home 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.


05/18/2012 09:50 AM
Like so many Americans across the nation, Julie Clark commutes to work. But she doesn't drive, walk or even take a bus or train. Instead, she flies a plane.


05/18/2012 05:19 PM
An unnamed buyer paid more than $90 million for a Midtown Manhattan penthouse, the highest price ever paid for a New York apartment, according to the building's developer.


05/17/2012 12:52 PM
Buying a home has reached its most affordable level in more than two decades.


05/17/2012 01:27 PM
The Basis Point is a popular mortgage and housing blog that tracks consumer critical issues and data. It is edited by Julian Hebron, a retail mortgage lender who runs the San Francisco branches of RPM Mortgage.


05/17/2012 12:09 PM
Buying a home just got even cheaper as interest rates on both 30-year and 15-year-fixed-rate mortgages set record lows for the third week in a row.


05/17/2012 11:18 AM
Foreclosure filings in April fell for the third straight month to the lowest level since July 2007.


05/15/2012 06:37 PM
Bank of America is offering some struggling homeowners payments of up to $30,000 if they sell their homes in a short sale and avoid ending up in foreclosure.


05/16/2012 10:21 AM
The percentage of borrowers who have dropped behind on their mortgage payments fell to a four-year low in the first three months of 2012, a bankers' group said Wednesday.


01/17/2012 07:20 PM
Laurie Goodman is an apolitical number cruncher who has spent most of her 28-year career out of the public view, studying the minutiae of mortgage-backed securities (MBS) for big investment banks. She's long been a star among Wall Street insiders, however. She holds the record for the most top rankings for fixed-in-come research from the trade bible Institutional Investor.


05/16/2012 07:56 AM
The film emperor may be striking back. For 25 years, filmmaker George Lucas tried to persuade his Marin County, Calif., neighbors to let him build a digital production studio on his ranch there, but the area's residents thwarted the plan.


05/15/2012 02:18 PM
A recent sale in New York's famed 740 Park Avenue apartment building marked the highest price ever paid for a co-op in the city's history.


05/11/2012 11:12 AM
One of America's most flamboyant private residences lies in the woods of northwest New Jersey. It's the personal vision of artist and craftsman Ricky Boscarino and reflects his eccentric world view.


05/11/2012 06:30 AM
It's hard to imagine a less enjoyable way to blow $5,000 to $15,000 (or more) than putting on a new roof.


05/11/2012 11:16 AM
Ricky Boscarino is a sculptor, painter and jewelry maker whose biggest art project for the past 23 years has been his home on five quiet acres.


05/10/2012 10:49 AM
Mortgage interest rates hit new lows this week as both the 30-year and the 15-year fixed-rates fell, according to a weekly survey by Freddie Mac. It was the second consecutive week that rates broke records.


05/09/2012 01:28 PM
Ten hard-hit housing markets will record double-digit price increases through 2013, according to a report Wednesday.


05/10/2012 04:55 AM
The federal government is considering a new set of rules on mortgage origination that it says would make the process simpler and more transparent for borrowers.


05/09/2012 06:29 AM
After four years of sleepy sales during the traditionally busy spring and summer homebuying seasons, real estate experts are forecasting a pickup.


05/04/2012 08:25 AM
When Internet millionaire Tom Gonzales was putting together his elaborate family compound on the shores of Lake Tahoe, he had one big concern: Where to put some of the most valuable cars in his 400-car collection.