Home mortgage rates and real estate news - CNNMoney.com

1. Home sales continue to climb
   Home sales continued to climb in April, according to the latest reading on the housing recovery from an industry trade group.
2. Tornado victims may face long haul with insurers
   The tornado that struck the Moore, Okla., area Monday afternoon left an almost 2-mile wide path of destruction, flattening homes and businesses and taking at least 24 lives.
3. Best deals on real estate
   Money magazine's Best Deals on Everything: Your guide to the latest bargains in renting, buying or remodeling your home.
4. FEMA offers aid to tornado victims
   Read full story for latest details.
5. Amateur investors tap 401(k)s to buy homes
   Read full story for latest details.
6. Apartment construction slows sharply
   A sharp pullback in apartment and condominium construction led to a big decline in overall home building in April, even as single-family home construction remained strong, according to government data released Thursday.
7. Home appraisals no longer derailing sales
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8. Where the mortgage deduction really pays
   The mortgage interest deduction is one of the most expensive tax breaks on the books, but its benefits are distributed unevenly across the country, according to a new report by the Pew Charitable Trusts.
9. 96,000 borrowers shortchanged
   Due to a processing error, borrowers received checks for less than what they were owed under a mortgage settlement reached with 13 mortgage servicers, the Federal Reserve said.
10. Homebuyers clueless about mortgages
    The housing market is heating up, yet many house hunters are not prepared to take on the biggest purchases of their lives.
11. Sentiment shift: Home prices to rise
    A majority of Americans forecast home prices will rise over the next 12 months for the first time in three-year old survey by Fannie Mae.
12. BofA, Wells Fargo sued for mortgage settlement violation
    New York has announced plans to sue Bank of America and Wells Fargo over their alleged failure to comply with last year's National Mortgage Settlement.
13. Hidden fees for homebuyers
    FHA will generate $10 billion by locking middle-class borrowers into high fees for decades.
14. 15-year mortgage rate hits record low
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15. Secret 'pocket listings' return in hot housing markets
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