By ALAN ZIBEL and ?CHRISTOPHER S. RUGABER AP Business Writers WASHINGTON (AP) — The jobs crisis is putting more Americans at risk of losing their homes. One in 10 households has missed at least one mortgage payment, and more than ...

Tagged with: economy Fed home builders housing starts jobs mortgage recession

By Alan Zibel AP Real Estate Writer Washington (AP) — A rush of homebuyers trying to meet a deadline to qualify for a federal tax credit pushed the number of signed sales contracts to the highest level since October. The ...

Tagged with: foreclosure home prices home sales homebuyer mortgage National Association of Realtors Obama tax credit

By Alan Zibel AP Real Estate Writer Washington (AP) — The number of homeowners who missed at least one mortgage payment surged to a record in the first quarter, a sign that the foreclosure crisis is far from over. More ...

Tagged with: foreclosure Homeowners mortgage Mortgage Bankers Association

By ALEX VEIGA AP Real Estate Writer LOS ANGELES (AP) — A record number of U.S. homes were lost to foreclosure in the first three months of this year, a sign banks are starting to wade through the backlog of ...

Tagged with: foreclosure mortgage Obama RealtyTrac Inc.

Washington (AP) — Lawmakers are taking aim at the Obama administration’s struggling mortgage assistance program, with Republicans calling it a worthless exercise and Democrats saying it doesn’t go far enough. In a report Thursday, Reps. Darrell Issa, R-Calif., and Jim ...

Tagged with: mortgage Obama Treasury Department

By ALAN ZIBEL AP Real Estate Writer WASHINGTON (AP) — The number of borrowers falling behind on their mortgage payments dropped sharply at the end of last year, a sign the foreclosure crisis is beginning to ebb. The Mortgage Bankers ...

Tagged with: foreclosures mortgage Mortgage Bankers Association

MADISON, Wis. (AP) — The Wisconsin agency that temporarily suspended its low interest home loans because of the recession has thrown a nearly $11,000 party to show its employees they’re appreciated. While many state agencies are forgoing the traditional holiday ...

Tagged with: lending Monona Terrace mortgage WHEDA Wisconsin Housing and Economic Development Authority

By ALAN ZIBEL AP Real Estate Writer WASHINGTON (AP) — Executives at two of the nation’s largest banks say they are struggling to get homeowners to complete the necessary paperwork for the Obama administration’s mortgage relief plan, and only a ...

Tagged with: mortgage Obama Treasury Department

By ALAN ZIBEL AP Real Estate Writer WASHINGTON (AP) — The average interest rate for a 30-year mortgage dropped to a record low of 4.71 percent this week, pushed down by an aggressive government campaign to reduce borrowing costs. The ...

Tagged with: Freddie Mac homeowner loan mortgage Mortgage Bankers Association

By MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) — Construction spending posted a tiny increase in October, the first advance in six months, as a surge in home building offset continued weakness in nonresidential construction. The small gain is a ...

Tagged with: Commerce Department construction spending GDP home building homebuyers loan mortgage Obama tax credit