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Sun, Oct 13: There was a lot of speculation about what would happen to mortgage rates and home prices in the midst of a government shutdown, and now that we are in the middle of one, it's easy to see what has changed - and it's not too much. Mortgage Ra... More
Wed, Sep 11: Freddie Mac reported Thursday that the average rate for 30-year fixed loans remained steady for the second straight week, at 4.4 percent. 15-year fixed rates average 3.44 percent. Low mortgage rates continue to contribute to the increase of home sa... More
Mon, Jul 15: The amount of foreclosures in the U.S. is down 35% over the last 12 months, according to RealtyTrac, the primary foreclosure monitoring company in the nation. Overall, foreclosure filings are as low as December 2006. There are still many homes in t... More
Sat, Jun 15: Today economists for Fannie Mae reported their findings as "durable recovery for housing with homebuilding and construction employment returning to normal around 2016". They haven't changed this opinion much since the beginning of the y... More
Fri, May 31: Mortgage loan rates are up almost 1% on average 30-year fixed loans, after their major increase on Tuesday. This is a larger upward move than we've seen since 2010, and may serve to temper the extreme activity we've seen in home sales lately.... More
Wed, May 22: The housing market is showing strong signs of recovery, experts agree. Home sales continue to rise in all areas, and are not enough to satisfy the demand of buyers, and home prices are steadily climbing. The national median home price for existing ... More