Long-Term Interest Rates Buck Conventional Wisdom
The surest bet on Wall Street a year ago was that long-term interest rates would rise, boosting the cost of home mortgages and in general making credit tougher to get.
via
? US Mortgage Application Index Rose Up, Interest Rates Down to the Lowest Level (Turks.US) New York- Applications for mortgage in the US increased last week, as the demand for home refinancing loans instigated the situation. The interest rates went down to the lowest level
A Refi Is No Gift, but It Keeps Giving You may be thinking Christmas, Hanukkah, Kwanzaa and sugarplums, but thousands of your fellow homeowners have been thinking refis, rate reductions, cash-outs and debt consolidations. read more...
Home Building Stocks Try For A Comeback Home building stocks, long dormant after rampaging up the charts earlier this decade, seem to have emerged from hibernation in recent weeks.Commentread more...
Mortgage Rates Take a Breather (Real Estate News) RISMEDIA, Nov. 18 ? Mortgage rates finally paused for a breath, following a nine-week run-up. The average 30-year fixed rate mortgage remained at 6.42 percent, according to Bankrate.com's weekly national
Road-builders benefit from skills project FOURTEEN newly trained road-building contractors in the depressed rural areas of the Eastern Cape are to benefit from an R8-million skills development learnership project.via
Mortgage subsidy for second homes is good place to start cutting (Delaware Online) Among the targets of the President's Advisory Panel on Tax Reform is what some economists call the "mother of all tax subsidies": home mortgage interest deductions. Those deductions alone will