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Home mortgage rates and real estate news - CNNMoney.com

Mortgage probe unveiled as foreclosure talks loom

President Obama's latest probe into the mortgage meltdown will have more power than past efforts, and federal officials say it won't derail a possible $20 billion settlement for underwater and foreclosed homeowners.

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Obama expands foreclosure prevention program

The Obama administration is taking another swing at improving its main foreclosure prevention program.

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New-home sales hit a record low

Just 302,000 new homes were sold in 2011, 6.2% below 2010 and the lowest number of annual sales since the government started tracking home sales in 1963.

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Romney's real estate deals

Out of all of the presidential candidates, former Massachusetts Governor Mitt Romney owns the most real estate -- even after unloading a couple of sizable properties.

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Foreclosures made up 20% of home sales in 3Q

Sales of homes in foreclosure comprised 20% of all U.S. residential sales during the third quarter, according to RealtyTrac.

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Mortgage crimes are focus of new task force

A new special task force to investigate and prosecute those responsible for bad mortgages during the housing boom will be part of President Obama's 2012 agenda.

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Housing: The one bailout America could really use

Laurie Goodman is an apolitical number cruncher who has spent most of her 28-year career out of the public view, studying the minutiae of mortgage-backed securities (MBS) for big investment banks. She's long been a star among Wall Street insiders, however. She holds the record for the most top rankings for fixed-in-come research from the trade bible Institutional Investor.

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Has Obama's housing policy failed?

President Obama is expected to once again offer ways to help the beleaguered housing market in his State of the Union speech Tuesday night.

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Foreclosures: America's hardest hit neighborhoods

The housing collapse has dramatically changed the nation's foreclosure landscape.

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China's housing market is set for a hard landing

The numbers are grim: China's property bubble is heading for a spectacular burst, and its effect on the country's economy will be widespread.

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Steal this house! 7 foreclosure deals

A three-bedroom home for $15,000? These foreclosed homes may be in some of the U.S.'s hardest hit neighborhoods, but the deals may be too good for some buyers to pass up.

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Home sales continue to improve

Home sales ended a difficult year on a high note, resulting in a gain in full-year sales volume.

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9 remodeling tips to make your home feel bigger

You don't have to be underwater on your mortgage to feel trapped in your home.

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Cool and unusual homes for sale

From spinning UFOs in upstate New York to magical kingdoms in Arkansas, these homes offer a truly unusual living experience

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New home construction gathers momentum

New home construction slowed slightly in December after a strong November showing, but was still much more active than a year earlier.

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PETA asks Jamie Dimon for O.J.'s house

PETA wants O.J. Simpson's house.

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Foreclosure nightmares

With more than 200,000 households receiving foreclosure notices each month, there are bound to be a few mistakes. But for some unlucky homeowners, these blunders carry some serious consequences.

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Mortgage applications surge amid record-low rates

Mortgage loan applications surged 23% last week, according to the Mortgage Bankers Association, as record-low interest rates convinced many homeowners it was time to refinance into lower-cost loans.

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O.J. Simpson faces foreclosure on Florida home

As if being in prison wasn't bad enough. O.J. Simpson's life has taken another sour turn: He's now facing foreclosure on his Kendall, Fla. home.

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