Home sales slow, but loans available (The Shawano Leader)
The mortgage market has been tightening nationwide, but local lenders and real estate agents say financing remains available for people wanting to buy a home.
Home foreclosures rising (Wisconsin State Journal)
More than 100 Dane County homeowners faced the possibility of losing their homes to foreclosure in August, more than any other month since RealtyTrac, an online national database, began keeping those records in 2005. There were 103 foreclosure filings �default notices, auction sale notices and bank repossessions �in Dane County in August. That's a jump of 43 percent from the 72 filings in ...
Prepayment penalties add to subprime borrowers' troubles (International Herald Tribune)
Some senators, nongovernmental groups and states are trying to limit or eliminate the penalties, which make it costly, sometimes ruinous, for troubled homeowners to get out of their mortgages - even by selling the property.
Everyone loses when homeowners forced to sell short (Milwaukee Journal Sentinel)
Town of Grafton - Surrounded by masses of gold field flowers and overlooking Lake Michigan, the house with the big picture windows inspired in Dylan Hood a vision of leisurely weekends with friends.
Housing market in for worse? (Milwaukee Journal Sentinel)
As Wisconsin and the nation get hammered by rising mortgage defaults, economist Doug Duncan warned Thursday that the worst is yet to come.