Rents to Rise at Faster Pace Than Home Prices in 2012: Fannie Mae Survey
Americans surveyed said that they expect rental prices to increase in 2012 more than home prices, which will mostly remain stagnant, according to a survey by Fannie Mae.
On average, U.S. consumers expect home prices ...
30-Year Mortgage Rate Back to Record Low of 3.91%
The 30-year fixed mortgage rate revisited its record low of 3.91 percent over the last seven days, marking its tenth consecutive week at or under 4 percent, according to Freddie Mac.
And mortgage rates are anticipated ...
30-Year Fixed Mortgage Rate Marks 9th Week Below 4%
The 30-year fixed mortgage rate will end the year just above its all-time record low, marking the ninth consecutive week below 4 percent, according to Freddie Mac.
In the past week, the 30-year fixed rate averaged ...
Home Prices Down 3.4% in October Year-Over-Year: S&P Case-Shiller
Home prices continue feeling the weight of distressed or foreclosed properties and a sales malaise punctuated by borrowers unable to take advantage of record low mortgage rates.
Through October, home prices slipped ...
Hope for Housing? New Home Sales Edge Up for 3rd Month
There is some encouraging news in the dismally slow-to-recover housing market: sales of new single-family homes nudged up 1.6 percent to a seasonally adjusted annual rate of 315,000 units in November, the third ...
30-Year Fixed Rate Mortgage Slips to Record Low at 3.91%
The 30-year fixed rate mortgage averaged 3.91 percent for the week, a new all-time low, according to Freddie Mac’s records dating to 1970.
The long-term fixed rate dropped below last week’s 3.94 percent, the ...
Home Sales Slump was 14% Worse Than First Reported, Realtors Say
The number for existing home sales from 2007 through 2010 was revised downward by 14.3 percent in the highly anticipated revision by the National Association of Realtors announced today.
Just for 2010, there were ...
Home Builder Confidence Improves, But Access to Credit Still Difficult
Confidence among home builders remains low in a housing market that is still very much depressed, but a third consecutive monthly jump in their outlook is cause for some optimism.
Builder confidence in December ...
Senate Deal: You’ll Pay for Payroll Tax Cut Via Higher Mortgage Fees
How do you pay for a two-month extension of the payroll tax cut? The U.S. Senate’s solution is a permanent increase in fees on mortgages backed by Fannie Mae, Freddie Mac and the Federal Housing Administration ...
30-Year Fixed Mortgage Rate Back at Record Low of 3.94%
The 30-year fixed mortgage rate matched the average all-time record low of 3.94 percent, and a new all-time record low was set for the 15-year fixed rate – both previously set new lows in early October, according ...
