The mortgage meltdown triggered the current crisis we're in, so why not aim more of the stimulus at troubled homeowners? Fixing the housing market isn't going to be that easy. Dan Grech reports.
The Treasury Department is set to unveil a multibillion-dollar program to strengthen the housing market. Steve Henn explores some of the ways the new program could work.
President Obama's stimulus package is full of lots of proposals to boost our economy. Commentator R. Glenn Hubbard says one cost-effective and easy way to lead us to recovery is lowering mortgage rates.
The Senate passed a new amendment granting a $15,000 tax credit on the purchase of a primary house. The perk would cost $19 billion, ballooning the total stimulus to $920 billion. Dan Grech reports.
Many banks are nervous about lending, making it difficult for homeowners to refinance their mortgages. A House committee is meeting today to see what can be done to keep homeowners near foreclosure in their homes. Shia Levitt reports.
A government plan to buy up banks' troubled assets appears to be in the works. But how do you determine a price to sell those holdings when no one's really sure what they're worth? Auctions might work, as Jeremy Hobson reports.
With retirees living longer, it's harder to make ends meet with savings and Social Security. Marketplace's Jeremy Hobson explains how reverse mortgages let retirees use the value of their home to help pay the bills.
Many potential buyers feel they don't have the credit or cash to get into the real estate market. But as Marketplace's senior business correspondent Bob Moon reports, an old lending program could give them the help they need.