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Mortgage Rates

A Tale of Two Cities

Rob Taub | Posted 12.23.2012 | Business
Rob Taub

In Manhattan, the real estate ship has definitely turned and is leaving a wake behind. For the rest of the country, there doesn't seem to be more than a ripple.

The Most Costly Mortgage Mistake

Doug Lebda | Posted 11.12.2012 | Home
Doug Lebda

Deciding on a mortgage is likely the most important financial decision consumers will ever make, yet borrowers are more often than not taking the first loan offer that comes their way, failing to fully capitalize on low rates by comparison shopping.

What You Need to Know About Mortgage Rates

Jed Kolko | Posted 11.06.2012 | Home
Jed Kolko

In honor of our newest offering, I wanted to answer the three questions about mortgage rates that I get asked most often.

10 Costs You Should Always Negotiate

The Huffington Post | Alicia Ciccone | Posted 08.27.2012 | Home

With unemployment rising and the likelihood of a raise dwindling, Americans are looking for ways to cut costs across the board. Unfortunately, man...

Rent vs. Buy: What the Standard Indices Aren't Telling You

Dr. Stan Humphries | Posted 10.02.2012 | Home
Dr. Stan Humphries

Rent or buy? It's a popular topic, and plenty of experts are quick to trot out a simple rent vs. buy index and tell you that if you live in, say, San Francisco, you should be renting, while if you live in Detroit, buying makes more sense.

30-Year Mortgage Rates Break Record

AP | Marcy Gordon | Posted 09.11.2012 | Home

WASHINGTON — Average U.S. rates on fixed mortgages fell again to record lows, giving would-be buyers more incentive to brave the housing market. ...

Fixed Mortgage Rates Hit Record Lows

AP | Posted 07.05.2012 | Home

WASHINGTON — Fixed U.S. mortgage rates fell again to new record lows, providing prospective buyers with more incentive to brave a modestly recoverin...

The 10 Worst Cities For Renters

The Huffington Post | Khadeeja Safdar | Posted 06.16.2012 | Home

When it comes to housing, renting is in and owning is out. Though mortgage rates are at record lows, a number of factors are pushing more American...

One In Three Homeowners Owes Bank More Than Home Is Worth: Study

Loren Berlin | Posted 10.25.2012 | Home

If you're looking for good news about the housing market, you're going to have to wait awhile longer, as new research continues to paint a grim pictur...

Economic Ambiguity

Michael Farr | Posted 07.03.2012 | Business
Michael Farr

We continue to believe that investors are underestimating the risks inherent to the bond market at this stage in the game. Bond investors are not being compensated for the risks they are assuming when they are not even able to earn the expected rate of inflation.

'We Might Not See A Major Turnaround In Our Lifetimes'

Reuters | Posted 06.24.2012 | Home

NEW YORK, April 24 (Reuters) - The U.S. housing market is likely to remain weak and may take a generation or more to rebound, Yale economics profess...

What To Know Before Refinancing Your Mortgage

Reuters | Posted 05.19.2012 | Home

By John Wasik March 16 (Reuters) - I got a letter from my bank the other day offering a streamlined refinancing deal for my current home mortg...

Ben Bernanke: Blame Housing For This Lousy Recovery

The Huffington Post | Mark Gongloff | Posted 02.10.2012 | Business

Housing, with some help from Wall Street, got us into the Great Recession, and it is housing that has made the recovery from that recession so slow an...

Bank Outlook 2012: Six Trends to Watch

Richard Barrington | Posted 02.20.2012 | Business
Richard Barrington

Will customers be treated to higher deposit or higher fees? Or will a wild card such as technology dominate banking news in 2012?

Housing Market Stuck Due To Lack Of First-Time Buyers

AP | By DEREK KRAVITZ | Posted 11.30.2011 | Business

WASHINGTON -- This should be a great time to buy a first home. Prices have sunk to 2002 levels. Sellers are waiting anxiously as homes languish on the...

What Will Boost Real Estate?

Harlan Green | Posted 12.02.2011 | Business
Harlan Green

When two presidents -- President Obama in his new jobs plan and President Clinton on the Sunday TV talk shows -- say that real estate has to recover for our economy to recover, it should take precedence in discussions on how to boost economy growth.

Long-Term U.S. Mortgage Rates Have Never Been Lower

AP | By DEREK KRAVITZ | Posted 12.01.2011 | Business

WASHINGTON -- Mortgage rates have skated near record lows for weeks. But now it can finally be said: Long-term rates in the United States have never b...

Index: Detroit, D.C. Home Prices Rose Last Year, Slumped In 18 Other Cities

AP | DEREK KRAVITZ | Posted 11.27.2011 | Business

WASHINGTON — The depressed housing market flashed a positive signal in July, with home prices in most major U.S. cities rising for the fourth straig...

Good Credit Not Enough For Homebuyers Looking For A Loan

USA TODAY | By Julie Schmit | Posted 11.14.2011 | Business

Homebuyers such as Bob and Janet Zych have fueled the U.S. housing market for decades. They have excellent credit with scores that top 800, life-lo...

U.S. Mortgages: 30-Year Rates Nearing November's Record Low

AP | Derek Kravitz | Posted 10.11.2011 | Business

WASHINGTON (AP) -- Fixed mortgage rates fell to at or near record lows. That's good news for the few who can afford to buy a home or are able to refin...

Applications For Mortgages Surge On Refinancing Demand

Posted 09.19.2011 | Business

Applications for home mortgages surged last week, racking up the biggest increase in four months on a flood of refinancing demand as interest rate...

Mortgage Rates Jump In Another Blow To Housing Market

AP | MICHELLE CONLIN and JANNA HERRON | Posted 05.25.2011 | Business

NEW YORK — The days of the absurdly low mortgage rate are over. The average rate for a 30-year home loan rose above 5 percent this week for the...

Rising Mortgage Rates Could Spook Reluctant Home Buyers

The Huffington Post | Abby Wendle | Posted 05.25.2011 | Business

The rebound in interest rates may prevent already reluctant buyers from taking out a mortgage or refinancing their home according to a recent report f...

Mortgage Rates Rise To Highest Level In 7 Months

AP | JANNA HERRON | Posted 05.25.2011 | Business

NEW YORK — The average rate on 30-year fixed mortgages rose this week to the highest level in seven months, reflecting higher yields on long-term Tr...

Mortgage Applications Down From Previous Week

AP | Posted 05.25.2011 | Business

NEW YORK — Applications for mortgages slipped last week, as a drop in refinance activity offset a gain in purchase applications. The Mortgage B...