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Take a Bite Out of Closing Costs

Hold the fees please. How to save if you're buying a new home or just refinancing.April 22, 2004: 4:30 PM EDT By Sarah Max, CNN/Money senior writer BEND, Ore. (CNN/Money) - With mortgage rates still as low as they are, financing a house is dirt cheap these days, right? Not if you pay a fortune in closing costs. As anyone who has shopped around for a mortgage knows, it's extremely ...

Mortgage modifications are happening. Get yours

The Obama administration's housing stabilization plan is underway and starting to have an impact. As of last week, Chase had modified 15,000 home loans. By Les Christie, CNNMoney.com staff writer May 8, 2009: 6:11 AM ET NEW YORK (CNNMoney.com) -- Two months ago, Ivan Coleman was struggling, his mortgage payment having ballooned to $1,200 - more than half his income. Starting June 1, his monthly payment ...

Pending home sales jump 3.2%

Buyers defy expectations with an increase in sales contracts signed during March. NEW YORK (CNNMoney.com) -- Is the housing meltdown ending? By Les Christie, CNNMoney.com staff writer Last Updated: May 4, 2009: 1:59 PM ET Pending home sales rose in March for the second consecutive month and are up year over year. The Pending Home Sales Index from the National Association of Realtors showed a 3.2% ...

First-time Buyers Benefit from Housing Slump

In many markets, homes that were once prohibitive now are affordable By Jane Hodges msnbc.com contributor updated 11:59 a.m. ET, Fri., May 8, 2009 Kostas Kalaitzidis wanted to buy a home when he moved to Phoenix in 2008, but between his modest salary and the expensive market, he couldn't swing it. What a difference a year makes. Kalaitzidis recently made an offer on a home priced at $82,000, ...

5 tips on buying a foreclosed home

Sure, there are great real estate deals to be had, if you know what you're doing. (Money Magazine) -- By Amanda Gengler, Money magazine writer May 1, 2009: 6:17 AM ET 1. Finding one has become easier You don't need to show up at courthouse auctions or comb through legal filings. These days many banks sell foreclosed homes through real estate agents. To find listings, look on sites that specialize ...