Tips for Buying a Home in Today's Market

If you're considering buying a home, some experts think you should get a move on it.

Reverse Mortgage Gives Seniors Options

Often misunderstood, reverse mortgage provides income for borrowers during retirement.

Feds seek hike in Ill. mortgage guarantee fees

The Federal Housing Finance Agency wants to adjust fees homeowners in Illinois and four other states pay to Fannie Mae and Freddie Mac to guarantee their single-family home mortgages.

Double Bonus for Buyers Willing to Leap Off the Fence

Stabilization of the US housing market relies heavily on confidence in the strength of economic recovery, and recent economic news has done little to build household confidence.

Home Buying & Selling 101: Real Advice from Real Estate Experts- Part 1 of 2

When you act now and take advantage of the fact that homes more affordable than they've been in the past 35 years along with the fact that interest rates remain at historic lows, the result could be smaller monthly payments that can be held in check for up to 30 years with a fixed-rate mortgage.

Horizon posts higher 2Q profit

The Michigan City-based parent of Horizon Bank said the profit it earned in the first half of 2011 is the highest in its history.

Finding the Right Financing to Meet Your Needs

Because the purchase of a home is one of the largest investments most people will make in their lifetime, securing the right financing is just as important as finding the right home. After all, a home loan can impact your budgeting and financial planning objectives for years to come.

Following the mortgage meltdown, new rules are changing the way mortgages are being offered to borrowers: Here’s what to know about shopping for a loan today

Live and learn.

Region senators sponsor new law that will benefit Habitat for Humanity

INDIANAPOLIS | A new law, sponsored by three Northwest Indiana state senators, will help nonprofit groups such as Habitat for Humanity continue their work.

Spring has officially arrived and with it comes the peak home buying season.

"Our confirmed appointments for showings are running 2-3 times higher than they were 90 days ago, so we're very encouraged," Herm Hoge, broker/owner along with his wife Kris of Munster's RE/MAX Realty Associates, said. "Honestly, it's as busy as it's been in 2 years. I think it took a while …

Moving Ahead in Reverse

In the late ‘80s, the FHA insured the first HUD reverse mortgage, known as the Home Equity Conversion Mortgage, which remained essentially unchanged for more than 20 years. Last October, however, HUD introduced a new wrinkle for seniors interested in saving money on a reverse mortgage: the H…

What to know as fixed-loan rates start to tick upward again

Mortgage interest rates played an enticing game of "how low can you go" limbo late last year, with fixed-rate 30-year mortgages averaging a historic low of 4.17 percent the week of November 11. But they've since crept up, recently eclipsing 5 percent, according to the most recent weekly nati…