Mortgage-backed security markets are rallying this morning as the S&P/Case-Shiller home prices report showed that the real estate market is struggling to stabilize. The report showed that prices dropped in February by the most in over a year. In other news, the Federal Reserve will begin their two-day meeting today and will also be selling $35 billion in 2-year notes.
How much can you SAVE with today's crazy low mortgage rates? Find out now!
Tag Archives: Real Estate Market
VA Home Loans in Today’s Market
Is it the right time to buy or refinance a home with a VA Loan? We look at the personal and finance reasons that service men and women find themselves struggling with in today’s market.
Midyear Report Shows Nearly 2 Million Foreclosure Filings in 2010
According to RealtyTrac”s Midyear Report, the US housing market experienced a total of 1,961,894 foreclosures filings so far this year, a potential threat to the market’s “fragile stability.”
Should You Lock Your Mortgage Rate? Mortgage Fees and Costs Explained
Mortgage rates are just one of the costs of a mortgage. Quicken Loans Chief Economist Bob Walters explains to USA Today when to lock an interest rate and reviews the current market.
New home sales up, existing home sales down
The U.S. Census Bureau and the Department of Housing and Urban Development announced today that sales of new, single-family homes in October increased 1.7 percent compared to September?s numbers.
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