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Foreclosure
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The definition of assets is important in determining the extent to which a person is insolvent.
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Recent Foreclosure Stories
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Stay in touch with your lender to keep your home from becoming a zombie foreclosure.
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When is it OK to walk away?
For some, walking away from a mortgage is a business decision, not a moral failing.
Can bankruptcy save my home?
Without decent income and your home in foreclosure, keeping lenders at bay will be tough.
Foreclosure on home No. 2?
Buying a second property is very much like gambling. In foreclosure, you've lost the bet.
How much can creditors take?
When filing Chapter 7, you must disclose all assets, but it doesn't mean you can't keep some.
Obama vs. Romney on housing
What do Obama and Romney say about foreclosures and housing? Here's what we found.
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15 yr fixed
30 yr fixed
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5/1 ARM (interest only)
30 yr fixed average
3.60%
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Overnight Averages
Mortgage
Home Equity
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Product
Rate
+/-
Last week
30 yr fixed mtg
3.60%
3.52%
15 yr fixed mtg
2.74%
2.71%
5/1 ARM
2.54%
2.57%
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Product
Rate
+/-
Last week
$30K HELOC
4.99%
5.00%
$30K home equity loan
6.19%
6.21%
$50K HELOC
4.56%
4.58%
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Rate
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Last week
48 month used car loan
2.93%
3.10%
48 month new car loan
2.45%
2.45%
36 month used car loan
2.88%
2.93%
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Yield
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Last week
6 month CD
0.41%
0.43%
1 yr CD
0.62%
0.63%
5 yr CD
1.22%
1.24%
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Rate
Balance Transfer Cards
15.92%
Cash Back Cards
16.34%
Low Interest Cards
11.01%
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