Mortgage Information

Home Price Growth Slows to Near Zero in Several Major U.S. Markets

Foreclosure Market
New housing data shows that home price growth has slowed significantly in early 2026, with several major metropolitan areas recording flat or near-zero annual appreciation. After years of rapid increases,…

Mortgage Rates Dip Slightly as Inventory Expands Ahead of Spring Market

Foreclosure Market
As the spring housing season approaches, mortgage rates have edged slightly lower, offering cautious optimism to buyers navigating affordability challenges. The average 30-year fixed mortgage rate recently dipped below 6.1%,…

United States Justice Department Sues Bank of America Over Faulty Mortgage Securities

Mortgage Information
Bank of America’s reputation has been very lackluster as of late. In early August, the Justice Department sued them for losses of about $850 million in mortgage securities. They didn’t…

JPMorgan Investigated by United States’ Justice Department Over Mismanagement of Mortgages

Mortgage Information
JPMorgan Chase is this country’s largest bank and right now they are being investigated by both the civil and criminal divisions of the Justice Department over allegations of them selling…