The mortgage crisis worsened in the second-quarter as delinquencies hit an all-time high. The number of delinquents rose for the 10th straight quarter, the ratio hitting 5.81% across the United States. That's up 65% from 3.53% in the second quarter of...

Median home prices are down by 15.6% in a three-month period that ended June 30 on a year-on-year comparison. For those looking to buy, this period was the prime time to buy with foreclosed homes even going as low as $130,000. However, buyers must take...

The collapse of the real estate market almost saw the demise of mortgage giants Freddie Mac and Fannie Mae. Both companies received billions in bailout but analysts say that the two companies will be among those that will have an long hard road to...

Home prices are still down and those who have money to spare and looking for a score while homes come cheap should be acting really quick as repossessed homes only stay in the market in a span of day or even hours. Lenders now say that repossessed...

Home foreclosures are one thing. As people get laid off, many Americans have defaulted on their mortgages. It's not uncommon to see suburban communities turn into ghost towns. Homes sales have been down as well that recouping money spent on buying the...