Fed: Low Rates Likely Through 2010
The Federal Reserve says that even though its program to buy mortgage backs has ended, it will try to keep rates low in the near term. However, some economic analysts foresee volatility.
Read more >
Distressed Sales Gain Greater Market Share
A report from First American CoreLogic says that distressed properties accounted for 29 percent of all U.S. home sales in January.
Read more >
30-Year Mortgage Rates Jump
The average rate for conventional mortgages has climbed up to 5.21 percent for the week of April 8, Freddie Mac says.
Read more >
Owners Who Refinanced May Owe IRS
Owners who cashed out a mortgage refinance and sellers who had part of their debt forgiven in a short sale could be in for a big payout to the IRS.
Read more >
Builders Say Green Features Are Undervalued
Appraisers and lenders don’t understand the market value of green features in homes, builders report.
Read more >
More Wealthy Home Owners Face Foreclosure
Owners of multi-million dollar homes could be part of the next wave of foreclosures.
Read more >
Advertisements