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Case-Shiller: Home Prices Rise for Fourth Straight MonthThe price of homes in 20 major U.S. cities posted an average rise of 1.2 percent in August, the fourth consecutive monthly gain, according to a monthly housing report released Tuesday. |
Home Sales Soared in SeptemberSales of existing U.S. homes jumped 9.4 percent in September, the fifth rise in six months, the National Association of Realtors said Friday. |
Global Property Prices Turning UpwardReal estate markets worldwide are stabilizing and showing signs of a tentative recovery, according to a newly released report from London-based global property consultancy Knight Frank. The quarterly Knight Frank Global House Price Index shows property values increasing in almost half of 32 countries surveyed during the second quarter of this year. |
Realtors Anticipate Higher Home Prices in 2010Prices in California's hard-hit residential housing market are expected to rise slightly next year as the market continues to be what an industry group calls "a tale of two markets," a reference to the brisk sale of low-end properties and sluggish sales of high-end properties. |
Mortgage Rates at or Close to Record LowsInterest rates for 30-year, fixed-rate U.S. mortgages fell in the week, remaining below 5 percent, the Federal Home Loan Mortgage Corp. said Thursday. |
30-Year Mortgage Rates Near Record LowInterest rates for 30-year, fixed-rate U.S. mortgages fell close to the March record low, in the week, the Federal Home Loan Mortgage Corp. said Thursday. |
Fed Pulls Back Pace of Housing Aid Program Amid Stabilizing MarketThe U.S. Federal Reserve on Wednesday decided to slow down the pace of a program designed to aid housing purchases amid signs that the battered housing market is stabilizing. |
Mortgage Activity Rises in WeekThe volume of applications for U.S. mortgages increased last week as interest rates fell, an industry trade group said. |
Home Buying Tax Credit is on the LineSen. Johnny Isakson, R-Ga., has proposed expanding federal tax credits for home buyers that economists say have stimulated home sales at a critical juncture. Isakson sponsored the first bill, an $8,000 tax credit for first time homebuyers that the National Association of Realtors said was the catalyst for 350,000 sales this year. |
GAO Releases Analysis of Nonprime Mortgage LendingThe General Accounting Office released new information on nonprime mortgage lending. GAO indicated that the percentage of nonprime mortgages with less-than-full documentation rose to almost 60 percent in 2007 from 27 percent in 2000. |
Mortgage Activity Up Last WeekThe volume of applications for U.S. mortgages increased last week, rising by a seasonally adjusted 5.6 percent, an industry group said. |