Page 2 - Guy Cecala News Today

It may be down to layoffs or to house-flippers. And while the number of foreclosures is rising, economists aren't alarmed yet.

Whether it’s the IRS or hospitals or credit-card companies or mortgage lenders, there are ways to get better terms—and maybe even reduce the amount owed

JPMorgan acquired First Republic's assets and customers, but also a lot of outstanding debt.

Interest-only loans allow borrowers to pay only the interest on a mortgage for a fixed period of time. First Republic Bank had a lot of them.

Whether it’s the IRS or hospitals or credit-card companies or mortgage lenders, there are ways to get better terms—and maybe even reduce the amount owed

Mortgage lenders are offering incentives to borrowers, hoping to lure them even as rates soar. It’s up to consumers to sort it all out.

The largest single interest rate hike in a generation, announced Wednesday afternoon by U.S. central bankers, is all but assured to serve as another jolt to an already beleaguered mortgage lending industry.Metro Detroit lenders including Rocket Companies Inc. and United Wholesale Mortgage, among…

As the housing market remains competitive, and prices continue to rise, there's an increasing need to remove contingencies and make other promises that guarantee if a seller picks your offer, the sale will close. In the industry, they're being called power buyers.

Buying land is one way to get your dream house, but the rules can be much tougher. And you might have to source your own electricity.

How to unlock the equity in your home