Why We May Never See 3% Mortgage Rates Again by CNNMoney Jun 6th 2013 6:52AM Those who didn't take advantage of record-low mortgage rates have missed the boat -- at least for now. Here's why.
Mortgage Rates Are Rising: Do Home Buyers Need to Act Fast? by Dan Caplinger Jun 3rd 2013 9:35AM In the past month, mortgage rates have risen sharply, from about 3.40% to 3.90%. And if you're looking to buy or refinance, that puts extra emotional pressure on you move now.
Even the Obamas Could Be Smarter With Their Family Finances by Nicole Seghetti May 31st 2013 5:00AM Unlike many of us, Barack and Michelle Obama are multimillionaires. But, like us, they could make some improvements to their finances.
Pending Home Sales Hit 3-Year High; Supply Dwindles by Reuters May 30th 2013 10:15AM Contracts to buy previously owned U.S. homes rose to their highest level in three years in April, but a shortage of properties for sale could slow down the momentum.
Home Prices Up Most Since 2006 by The Associated Press May 28th 2013 9:35AM U.S. home prices jumped 10.9 percent in March compared with a year ago, the most since April 2006.
New Home Sales Up 2.3% in April as Median Price Hits Record High by The Associated Press May 23rd 2013 1:49PM Sales of new homes rose in April to the second highest level since the summer of 2008 while the median price for a new home hit a record high.
Bernanke Signals Fed Will Keep Stimulus in Place by The Associated Press May 22nd 2013 10:55AM Fed Chairman Ben Bernanke tells Congress that the U.S. job market remains weak and that it is too soon for the central bank to end its extraordinary stimulus program.
5 Things You Must Know About Mortgages by Dan Caplinger May 17th 2013 5:00AM Even after the housing crisis, many potential buyers still don't know even the most basic things about mortgages. Here are five essential facts about financing a home.
U.S. Homebuilders' Confidence Climbs in May by The Associated Press May 15th 2013 10:21AM Confidence among U.S. homebuilders rebounded in May, reflecting improved sales trends during the spring home-selling season.
Freddie Mac Posts Near-Record Profit in First Quarter by Reuters May 8th 2013 9:08AM Mortgage giant Freddie Mac earned $4.6 billion from January through March, helped by a stronger housing market.
U.S. Home Prices Surge 10.5% in March by The Associated Press May 7th 2013 4:25PM A survey shows U.S. home prices rose 10.5 percent in March compared with a year ago, the biggest gain since March 2006.
Fed Sticks to Stimulus Plan, Warns Growth Hampered by Budget Cuts by Reuters May 1st 2013 2:22PM The Fed is sticking with its bond-buying plan to push down borrowing costs and prop up the economy, citing risks to growth from recent budget tightening in Washington.
No Surprises Expected as Fed Ends 2-Day Meeting by The Associated Press May 1st 2013 6:43AM The Federal Reserve is widely expected Wednesday to stick with its aggressive efforts to strengthen a still-subpar economy.
Federal Reserve Seen Keeping Interest Rates Near Zero by The Associated Press Apr 30th 2013 6:22AM Scant inflation and still-modest U.S. economic growth will likely lead the Federal Reserve this week to maintain its drive to keep borrowing costs at record lows indefinitely.
Existing Home Sales Edge Down as Prices Rise by Reuters Apr 22nd 2013 1:40PM U.S. home resales edged downward in March, pointing to some slowdown in the housing market recovery pace as overall economic activity cools.
Home Foreclosures Fall to Lowest Level in 5-Plus Years by The Associated Press Apr 11th 2013 6:38AM The number of homes repossessed by lenders last month fell to the lowest level in more than five years, the latest evidence that the nation's foreclosure crisis is abating.
A Radical New Proposal for the Mortgage Interest Tax Deduction by John Grgurich Mar 29th 2013 5:00AM The Common Sense Housing Investment Act would help millions more Americans claim the mortgage-interest tax deduction -- and still boost the government's tax revenues.
Drop in Interest Rates Boosts Demand for Home Mortgages by Reuters Mar 27th 2013 8:53AM Applications for U.S. home mortgages rebounded last week as interest rates pulled back for the first time in three weeks, fresh data show.
