Mortgage Rates Archive
RISMEDIA, July 12, 2010—Attracted by its relatively stable real estate prices and lower unemployment rate—8.5% in June—more Americans decided to head to the Lone Star State, according to a new consumer survey conducted by Relocation.com.
RISMEDIA, July 13, 2010—Today’s real estate market and foreclosures seem to go hand in hand, so it goes without saying that agents who want to remain competitive and set themselves up for future success, incorporate distressed properties into their practice.
RISMEDIA, July 9, 2010—International home buyers are increasingly attracted to property in the U.S., according to the National Association of Realtors’ 2010 Profile of International Home Buying Activity. Several factors, including the strength of the dollar, the value and desirability of U.S. real estate, and the emerging economic recovery, continue to drive international interest in owning a home in this country.
RISMEDIA, July 9, 2010—(MCT)—On paper, it's the chance of a lifetime—a golden opportunity not to be missed.
Mortgage interest rates are at their lowest since 1971 and home prices have reached their lowest point since 2002, says IHS Global Insight Inc. economist Patrick Newport, and appear to be stabilizing.
Veteran real estate agents are hard-pressed to remember a time when rock-bottom rates and affordable prices converged this way. So where are all the buyers now that the tax credit is gone?
RISMEDIA, September 25, 2010—As our industry embraces MLS 5.0 concepts, as has been prominently exhibited over the past year-and-a-half through MLS and association adoption of consumer-centered marketing strategies and listing syndication, we should never again
RISMEDIA, July 7, 2010—(MCT)—President Barack Obama recently signed into aw a three-month extension on the deadline for home buyers to obtain a federal home buyer tax credit of up to $8,000.
RISMEDIA, July 6, 2010—The House of Representatives recently passed the FHA Reform Act
(H.R. 5072). The bill, sponsored by Representative Maxine Waters (D-Calif.), would give authority to the Federal Housing Administration (FHA) to increase premiums
RISMEDIA, June 29, 2010—(MCT)—While most financial-savvy consumers do their best to avoid debt, one debt that is unavoidable to many families is a mortgage. Because many of us feel more in control of our home and expenses without a mortgage,
RISMEDIA, June 23, 2010—As the United States continues to put plans into action in order to help remedy the country’s financial situation, Americans are waiting optimistically to see the end result of the regulation bill that is moving through both the Senate and House. While the Senate recently approved their version of the big financial regulation bill by a 59-39 vote, the bill has now moved to a conference committee where it will be reconciled with the already passed House bill.
RISMEDIA, June 23, 2010—Existing-home sales remained at elevated levels in May on buyer response to the tax credit, characterized by stabilizing home prices and historically low mortgage interest rates, according to the National Association of Realtors. Gains in the West and South were offset by a decline in the Northeast; the Midwest was steady.
Existing-home sales, which are completed transactions that include single-family, townhomes, condominiums and co-ops, were at a seasonally adjusted annual rate of 5.66 million units in May, down 2.2% from an upwardly revised surge of 5.79 million units in April. May closings are 19.2% above the 4.75 million-unit level in May 2009; April sales were revised to show an 8.0% monthly gain.
RISMEDIA, June 18, 2010—Trulia.com, smart real estate search to help you make better decisions, recently announced that 22% of listings currently on the market in the United States as of June 1, 2010 experienced at least one price reduction, which is a slight decrease