Average price of homes nationwide finally showed a gain at year’s-end.
Home Prices Post Gains At End of 2010
Average price of homes nationwide finally showed a gain at year’s-end.
Home Prices Post Gains At End of 2010
I have been asked many times this month whether someone should buy a home now and take advantage of interest rates – before they go up any further – or wait for housing prices to go down further? Below, is a great article that addresses the question…
Now May Be The Time To Buy A Home
Federal Reserve Chairman Ben Bernanke says that if business and consumer confidence improves and interest rates stay low, it will most likely lead to a faster economic recovery. Interested in hearing your opinions…
Economy still in a deep hole, Bernanke says.
Mortgage rates headed down again, after lingering at a record low for two weeks. The benchmark 30-year fixed-rate mortgage fell 5 basis points this week, to 4.45%, according to the Bankrate.com national survey of large lenders. In the 25-year history of Bankrate’s weekly survey, the 30-year fixed has never been lower. According to statistics compiled by the National Bureau of Economic Research, the last time mortgage rates were below 4.5% was in April 1953.
Source: Record-Low Rates Slide Further