Sep 22nd 2011 11:10AM
WASHINGTON -- Fixed mortgage rates hovered at record lows for a third straight week. They are likely to fall even further now that the Federal Reserve said it would shuffle its holdings to drive down long-term interest rates. The average rate on the 30-year fixed mortgage was unchanged at 4.09 percent this week, Freddie... Continue Reading »
Sep 22nd 2011 8:35AM
Americans have been skittish about buying new houses since the collapse of the real estate bubble. But they remain committed to the idea of homeownership, even if it's unclear how or when demand will pick up and drive a market recovery. A recent survey published by the real-estate site Trulia shows that 70 percent of... Continue Reading »
Jul 7th 2011 12:10PM
The average consumer expects home prices to decline by at least 0.5 percent in the next 12 months, according to a new monthly consumer survey from Fannie Mae. That forecast reverses the trend from May, when most consumers interviewed by the government-sponsored enterprise said that they expected at least a slight home... Continue Reading »
Apr 27th 2011 3:15PM
The rate of homeownership in America is back down to levels not seen since 1998, according to Census data released Wednesday. The homeownership rate in the first quarter of 2011 fell to 66.4 percent, down a tick from 66.5 percent in Q4 of 2010. It marks the lowest rate of homeownership since the last quarter of... Continue Reading »
Feb 16th 2011 2:01PM
After months of processing the input from the Conference on the Future of Housing Finance, as well as countless hours of speaking with various lobbyists from innumerable organizations behind the scenes (resulting, no doubt, in the premature death of many thousands of $250 bottles of wine), the Obama administration finally... Continue Reading »
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