Posts with tag mortgage rate

Carlo Johnson, a 28-year-old mid-level professional at the Department of Defense, is doing something he never thought possible so early in his career: moving out of his low-rent Baltimore apartment and buying a house with his fiancée in the Washington, D.C., metro area. On Thursday, he was taking a second look at... Continue Reading »

While experts predict that the rate of foreclosures in 2010 will exceed those in 2009, there is some good news. RealtyTrac, an Irvine, Calif.-based data company, reported that the foreclosure rate dropped by about 5 percent during the first half of 2010. Still, in the first quarter of the year, one in seven mortgages was... Continue Reading »