New Jersey's housing industry is still struggling in several key areas. We are dragging our feet in terms of home price increases, and mortgage delinquencies are still too high.
Home prices continue to rise and the increase is helping to lift more U.S. homeowners out of underwater territory on their mortgages, according to a new report by CoreLogic.
If you're buying a new home or refinancing, mortgage closings costs are up six percent over the past year to an average of $2,402 nationally on a $200,000 loan.
Many families throughout the Garden State are still struggling in the current housing markets says Congressman Jon Runyan. This Saturday, the Representative from New Jersey host his 2nd annual Burlington County housing expo at the Kennedy Center in Willingboro.
Federal investigators have charged 530 people for allegedly defrauding more than 73,000 desperate homeowners around the country who fell behind on mortgage payments, leaving them vulnerable to con artists offering to help them avoid foreclosure.
Wells Fargo Bank will pay at least $175 million to settle accusations that it discriminated against African-American and Hispanic borrowers in violation of fair-lending laws, the Justice Department announced Thursday.
New Jersey US Senator Robert Menendez is joining California Democrat Barbara Boxer to introduce legislation which is aimed at giving struggling homeowners a chance to refinance at lower rates and save money.