3/19/2010 4:57:00 PM
Housing Experts Say Real Estate is Recovering
Analysts believe that an increase in jobs and available credit have helped start the housing recovery. Read more >
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3/19/2010 4:56:00 PM
Foreclosure Inventory Is Increasing
The number of foreclosed homes that banks are sitting on is rising, and housing values could go down when these distressed properties are put on the market. Read more >
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3/19/2010 4:56:00 PM
Analysts Say Rates Should Remain Low
Representatives from Credit Suisse and FTN Financial Capital Markets predict that rates will remain between 5 and 5.25 percent for 2010. Read more >
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3/19/2010 4:55:00 PM
More People Are Sharing Homes
According to new data from the U.S. Census Bureau and the Pew Research Center, the number of Americans living in multi-generational households is on the rise. Read more >
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3/19/2010 4:55:00 PM
Fed To Stop Buying MBS
Federal Reserve is committed to keeping interest rates low, though it will stop buying mortgage-backed securities at the end of March. Read more >
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3/19/2010 4:54:00 PM
Winter Storms Hold Mortgage Rates in Place
Rates for 30- and 15-year mortgages barely inched up this week, which Freddie Mac attributes to the impact of snowy weather on the housing market. Read more >
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3/19/2010 4:54:00 PM
Builders Say Business Is on the Upswing
Stephen East of Ticonderoga Securities reports that spring is keeping builders busy across the country. Read more >
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3/19/2010 4:54:00 PM
Fannie Mae: Recovery is Moving Forward
Housing has stalled recently but pieces are in place for broad-based improvement. Read more >
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3/19/2010 4:53:00 PM
Home Builder Sentiment Slips
The monthly survey by the National Association of Home Builders reports that member confidence index is down two points. Read more >
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3/10/2010 2:11:00 PM
Chicagoland Mortgage Rates as of 3/10/2010
3/10/10 purchase rates with 0 % points 30-yr fixed @ 5% 15-yr fixed @ 4.25% 5-yr ARM @ 3.75% 5-yr Interest Only @ 3.875% FHA 30-yr fixed @ 5% FHA 5-yr ARM @ 3.875% 30-yr fixed jumbo @ 6.125% 5-yr jumbo ARM @ 3.875% 5-yr Jumbo Interest Only @ 4.125% Purchase ...
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