Former MyNorthwest.com Content Contributor

Tom Kelly

Tom Kelly was formerly a Content Contributor to MyNorthwest.com.

Home values to rise 22 percent by 2017 – Zillow survey

A nationwide panel of more than 100 professional forecasters expects home values to end 2013 up an average of 4.6 percent and rise cumulatively by 22 percent, on average, over the next five years, according to a first-quarter survey by Seattle-based Zillow.

14 years ago

Number of low down payment loans on the rise

Fannie Mae reported its share of lower down payment loans is on the rise as FHA-which used to be one of the only agencies to offer low down payment loans-is seeing its market share shrink as it raises its premiums.

14 years ago

Tax time: Refinance doesn’t reset mortgage interest deduction

While homeowners who refinanced in the fourth quarter of 2012 were able to trim their interest rate by about 1.8 percentage points on average, many are unaware that the amount they can deduct on their Internal Revenue Service return is set at acquisition debt - the amount of debt in place when the home is acquired - minus amounts already paid on the loan.

14 years ago

Credit-card company adds home equity line

Looking to benefit from rising home values, credit card lender Discover Financial Services announced it will begin offering home-equity loans in the second half of this year.

14 years ago

Positive signs spark upwardly revised predictions

Several economists have recently revised their predictions on housing values to reflect a stronger-than-expected real estate rebound.

14 years ago

‘Boomerang’ buyers who lost homes return to market

Homeowners who once lost their home to foreclosure have returned to the market, eager to buy once again.

14 years ago

Home appreciation finally lifting household wealth

Federal Reserve research shows that steady home appreciation and surging stocks have finally allowed Americans to recover the $16 trillion in wealth they lost during the Great Recession.

14 years ago

Quicken overtakes B of A as third largest lender

Remember when online mortgages were a tiny piece of the national loan picture?

14 years ago

Fed agency sees home prices rising 3 percent annually

Home prices are expected to continue their trajectory upward, projected to rise 3.7 percent between the third quarters of 2013 and 2014, according to Fiserv, which used data from the Federal Housing Finance Agency for its projection.

14 years ago

Low inventory continues to slow local sales

While closed sales in February jumped more than 9 percent from a year ago and median sales prices are up 13 percent, low inventories are hampering activity, according to new figures from Northwest Multiple Listing Service.

14 years ago

‘Mortgage-sized loans’ keep former students from home market

Young home buyers are making up their smallest share in the housing market in more than a decade, and a new report blames it on rising student loan debt.

14 years ago

35-percent surge: Economist makes bold statement

Home values could surge 35 percent without stretching housing affordability, Raj Dosaj, vice president of the home price index at LPS Applied Analytics, said during a recent webinar hosted by HousingWire.

14 years ago

$3.7 billion in ‘robosigning’ payments to begin in April

Homeowners who faced a wrongful foreclosure will receive compensation from lenders in amounts ranging from a few hundred dollars up to $125,000 beginning in April, federal regulators revealed.

14 years ago

The worst colors to paint your home

If interior painting is on your list of spring projects, think twice about what you put on the walls.

14 years ago

Sequester to have minimal effect on mortgage finance

The across-the-board budget cuts enacted into law in 2011 to reduce the federal deficit take effect Friday, March 1, absent additional action by the government.

14 years ago

Those that bailed now want back in market

Former homeowners who once walked away from their homes in a move called "strategic default" are back on the market, eager to buy a home again.

14 years ago

Baby break? HUD probes mortgage complaints

The Department of Housing and Urban Development says it is investigating dozens of complaints that mortgage lenders are allegedly denying or delaying loans because a woman is on maternity leave.

14 years ago

FHA no longer will drop mortgage insurance premiums

As of June 3, 2013, most FHA loans will again require mortgage insurance for the life of the loan.

14 years ago

Hold off on baked cookies when selling says WSU research

Home shoppers have long paid attention to the smell of a home, but new research suggests that some common scents can actually be a drawback.

14 years ago

Zillow rolls out new mobile tool for rentals

Seattle-based Zillow announced the launch of Zillow Rentals on iPad, specifically designed to help consumers shop for apartment rentals and single-family home rentals.

14 years ago

If a meteor hits your home, who pays?

After a meteor struck western Siberia and more meteors threatened the entire globe last week, CNNMoney asked the question: Who pays for damage to a home if hit by a space object?

14 years ago

Turnaround: Builders finding land in short supply

As the housing market heats up, home builders are going after open land.

14 years ago

Second-home buyers face tighter loan market

Qualifying for a loan isn't easy for most borrowers nowadays but it's particularly difficult for vacation-homebuyers who are finding tougher underwriting requirements and other obstacles.

14 years ago

Seattle No. 10 on Zip’s top markets for sellers

ZipRealty, a real estate brokerage company, is finding more housing markets starting to tilt in sellers' favors.

14 years ago