Chat Plus Real estate editor Maryann Haggerty and columnist Elizabeth Razzi respond to a question adapted from a recent online chat. read more...
Appraisals Above Market Price? What's going on with appraisals in some parts of the country? Mortgage lenders - and appraisers themselves - say they're increasingly coming in with valuations higher than the contract prices
Canada's average home price surpasses $300,000 "The increase in [Canadian] listings is not keeping up with the increase in sales" ' The average resale price for agent-listed homes in Canada surpassed $300,000 for the first
Single-family building permits drop 57% in California (Reg Req'd) Slowdown greatest in Riverside, Sacramento, San Diego regions The number of residential building permits issued in California in September dropped to the lowest level for that month since 1996, the
Mortgage rates to rise? Dear Curt, Alan Greenspan, chairman of the Federal Reserve Board of Governors, has described the disconnect between rising short-term interest rates and relatively stable long-term rates as a conundrum.read more...
30-Year Loan Rates Hold Steady Rates on 30-year mortgages didn't budge this week; rates on other home loans were mixed.
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Rates on 30-year mortgages edged up for a fourth straight week, rising to the highest level in two months, Freddie Mac reported Thursday. The giant mortgage company said its nationwide survey showed that rates on 30-year mortgages rose to 6.28 percent, up from 6.24 percent last week.
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