WASHINGTON May 15, 2009 The Obama administration expanded its $50 billion mortgage aid program on Thursday, announcing new measures that would help homeowners avoid a foreclosure if they dont qualify for other assistance.
The initiatives are intended to streamline the process of selling a home that is worth less than the mortgage, or transfer [...]

WASHINGTON May 25, 2009 Rates on 30-year fixed mortgages rose slightly for the second straight week, but still remained below 5 percent, Freddie Mac said Thursday.
The average rate for a 30-year fixed mortgage was 4.86 percent, up from 4.84 percent last week. Rates have been below 5 percent for nine straight weeks. Last [...]

WASHINGTON May 11, 2009 The jobless rate is expected to tick up and continue climbing for months, a crisis in commercial real estate looms and the latest survey of bank lending suggests that its still pretty hard to get a new mortgage.
So it may sound surprising that some forecasters see an imminent end [...]

By Gregory A.

Mortgage Rate Trend Index
Dont expect much change in rates over the next 30 to 45 days, say mortgage experts polled by Bankrate.com this week. Only 19 percent think mortgage rates will rise; another 31 percent say rates will fall, and the remaining 50 percent expect no appreciable change.

ortgages inched up this week after [...]

WASHINGTON May 7, 2009 Prices of single-family homes in 20 U.S. metropolitan areas in February were down 18.6 percent from a year earlier, yet the fact that the rate of decline slowed signaled some hope for the housing market, a report said Tuesday.
In 15 markets, annual declines were in excess of 10 percent [...]

WASHINGTON May 7, 2009 Trying to curb home foreclosures, the Senate voted on Wednesday to make it easier for homeowners with risky credit to switch to a lower-cost mortgage backed by the government.
The bill, passed 91-5, also would give banks a break by reducing fees they must pay for the government to insure [...]