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Foreign buyers scooping up U.S. homes

Foreign buyers scooping up U.S. homes

By Les Christie NEW YORK (CNNMoney) — Hey, wealthy foreigners! Want to live in the U.S.? Buy a home here. International purchases of American homes are ramping up, and a new Senate bill designed to boost the ailing real-estate market would encourage...
Knowing When to Refinance

Knowing When to Refinance

By VICKIE ELMER Published: October 20, 2011 REFINANCINGS made up 79 percent of all 2011 mortgage applications as of early October, according to the Mortgage Bankers Association, about the same level as last year but well above the 54 percent average of the last...