Mortgages News

Q. We have been prequalified for a $300,000 loan but the house we are looking into buying costs only about $170,000.

Q. I live in Miami but expect to leave the area in two or three years.

Q. I am looking into the business of flipping houses and possibly developing some under or non-developed properties.

Home prices have edged down a bit, retreating from near record-highs reached this spring and early summer.

Once you've found the perfect home, you need the perfect loan to pay for it.

After slumping throughout the winter, home prices across much of the country have bounced back to last year's record highs.