How Low Are Mortgage Rates (Video)

Visit msnbc.com for breaking news, world news, and news about the economy Because of strife in Greece, Spain and North Korea, conforming mortgage rates are back to all-time lows. They’re at levels not seen in 50 years.  For homeowners that missed the Refi Boom of November 2009, it’s a second...

Home Price Index Rises 0.3% in March 2010

Home values rose in March, according to the Federal Home Finance Agency’s most recent Home Price Index. Values were reported higher by 0.3 percent, on average, from February. We use the phrase “on average” because the Home Price Index is broad-reaching, national housing statistic. It...

Mortgage Rates This Week May 24, 2010

Another week, same old story. Mortgage markets improved again last week on worsening news out of Greece and the Eurozone. Then, as contagion mentality set in, U.S. mortgage bonds gained and mortgage rates fell. It’s the 4th straight week in which conforming mortgage rates improved and, against the...

Mortgage Rates Keep Dropping!

After starting the day in the red, mortgage rates rebounded Wednesday afternoon after the Federal Reserve released its April 27-28, 2010 meeting minutes. It’s good news for home buyers and would-be refinancers.  Mortgage rates continue to troll along multi-year lows. “Fed Minutes” are...

Housing Starts Rise In April, Exerting Downward Pressure On Home Prices

Single-family Housing Starts rose by 55,000 last month, suggesting ample housing stock from which can choose this summer. The report is a slightly larger read than what economists had expected. Furthermore, for the first time since June 2009, Housing Starts appears to have broken away from its half-million...