Topic: Michael Fratantoni
All Content
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Mortgage rates plunge, but little boost for housing
Mortgage rates reached a national average of 4.45 percent for a fixed, 30-year loan. But the near-record lows in mortgage rates are not boosting home sales.
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Housing market: Which state faces biggest foreclosure risks? New Jersey.
The US has 1.8 million units of 'shadow inventory' – distressed properties likely to hit the housing market. New Jersey tops the list, with Illinois, Florida, and California also among the most at-risk. The data, part of a new report, show both improvement and remaining problems.
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The New Economy
Mortgage rates hit record lows. Why aren't Americans borrowing?
Mortgage rates fell to a 54-year low this week. But home purchases declined.
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Great deals in real estate: Why they won't last
Federal subsidies, low interest rates, and falling home prices have made real estate seem like a good deal recently. But that might not be the case for long.
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