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Child Pulled By Verizon Workers From Manhole

The two heroes stopped by the PIX11 Morning News to tell us about the harrowing event.

Renovating Your New Home on a Budget

Renovating Your New Home on a Budget

Renovating Your New Home on a Budget With US house prices on the rise, homebuyers’ budgets are being stretched to the max before they even set foot in their new home. Mortgage rates are also increasing, meaning that monthly budgets are often pushing family finances to their limits. Despite this, it’s natural that many homeowners will want [...]

Child stable after 20-foot fall down manhole

Child stable after fall through manhole in Brooklyn

Credit: How Important Is It?

Before you refinance, ask these questions

Before you refinance, ask these questions

Interest rates in the vicinity of 4% have countless homeowners champing at the bit to refinance their mortgages. But, skinny interest rates aside, it’s still essential to consider: How much will you really save? Interest rates have been low for a while, so refinancing may not save as much as you think. For instance, refinancing [...]

Up or Down?: What Rising Mortgage Rates Tell Us About the 2014 Market

Up or Down?: What Rising Mortgage Rates Tell Us About the 2014 Market

This year has seen a turning point in the US mortgage market. Home sales were up at the start of the year, but house prices have been on the increase too with the National Association of Realtors reporting that the average price is up 12.5% on last year. As a result, sales have tapered off towards the [...]

New York Attorney General Sues HSBC

New York Attorney General Sues HSBC

New York Attorney General Eric Schneiderman sued units of HSBC Holdings HSBA.LN +1.89% PLC on Tuesday, alleging the bank put mortgage borrowers at greater risk of losing their homes by repeatedly delaying the filing of paperwork that could have helped homeowners stave off foreclosure. HSBC Bank USA and HSBC Mortgage Corp. violated state law by failing [...]

For mortgages, it’s the best of times and worst of times

For mortgages, it’s the best of times and worst of times

Brooklyn-born Joe Gross, 41, knows the home mortgage game. Ever since graduating from Touro College in New York with a degree in accounting in 1999 he has immersed himself in one end of the business or another. He’s worked for somebody else, he’s worked for himself, he was there when the subprime lending craze surged, [...]

HAMP Mortgage-Modification Program Extended Through 2015

HAMP Mortgage-Modification Program Extended Through 2015

Struggling homeowners will get more time to take advantage of a federal consumer-mortgage modification initiative. The White House announced Thursday the extension of The Making Home Affordable Program, which includes the Home Affordable Modification Program (HAMP), until 2015. The program was set to expire at the end of this year, and aims to help lower [...]