Jacksonville Real Estate Market

Jacksonville, Florida

Mortgage alert: Borrowers change how they cheat

Lenders are now scouring financial documents to comply with new rules, so fraudsters are following suit, jacking up the numbers.

Home values rise, but millions still drown in debt

More than three million U.S. borrowers have risen above water on their mortgages so far this year, thanks to swift home price appreciation.

Higher mortgage rates may mean easier credit

Banks are easing lending standards for some borrowers, according to a new survey from the Mortgage Bankers Association.

Why the value of your home may go up

A bipartisan bill in the U.S. Senate, called the SAVE Act, could help borrowers get a larger mortgage. Here’s how it would work.

Rising Rates Scare Borrowers Into Action

Applications for mortgage refinances finally swung to the positive last week despite the steady rise in mortgage rates.

Fewer Borrowers Are Behind on Mortgages, but for How Long?

The number of homeowners behind on their mortgages is the lowest rate in four years.

Americans Are Using Their Houses as ATMs Again

Nearly 11 million borrowers are underwater on their mortgages, and yet home equity lines of credit are suddenly on the rise again.

When Banks Walk Away, Homeowners Don’t Always Win

A growing number of empty homes are not actually foreclosures. The borrowers still own them, whether they know it or not.

Banks Pay Big for Robo-Signing…Again

Ten banks will pay $8.5 billion to borrowers for so-called "robo-signing."

Rising Mortgage Rates Spook Housing

It doesn’t take much to send borrowers running for the hills.

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