Fed seen holding rates steady as mortgage pain deepens (AFP via Yahoo! News) The Federal Reserve is widely expected to keep US interest rates on hold at its meeting Tuesday despite increasing concerns about America's troubled housing and mortgage markets, economists say.read
Number of D.C. Affordable Housing Units Plunge Officials are urged to offset the effects of soaring rents and home prices for District residents. read more...
30-Year Mortgage Rates Dip Again Rates on 30-year mortgages fell for a sixth straight week, dropping to the lowest level in three months, according to a weekly survey released Thursday. read more...
Impac Mortgage refinances credit facility (AP via Yahoo! Finance) Mortgage investor Impac Mortgage Holdings Inc. said Thursday it has refinanced an outstanding repurchase financing facility, replacing it with a term loan from UBS Real Estate Securities Inc.read more...
You May Own More Real Estate Than You Think IN the investment world, money chases whatever is hot. These days, that often means real estate.via
Mortgage rates take downward turn (Honolulu Advertiser) WASHINGTON ? Mortgage rates nationwide, which have been trending upward, dropped this week, offering some good news for prospective home buyers.read more...
House prices going up and up and up . . . By Sue Newman Five years ago Ashbuton’s average house cost $109,000; today it will set you back $185,000, if you can find one to buy.
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