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In The News
Bernanke Defends Keeping Rates Low for 3 More Years
Posted on 3 February 2012 | 12:00 amSome lawmakers questioned Thursday the Federal Reserve's move to keep interest rates low until 2014, saying it brings a risk of higher inflation and stymies economic growth.
Study Reveals Main Culprit Behind Falling Home Values
Posted on 3 February 2012 | 12:00 amHome prices nationwide dropped nearly 5 percent last year, but if you exclude distressed sales, prices dropped only by 0.9 percent, a new study from CoreLogic finds.
Did Builders Overbuild Oversized Houses?
Posted on 3 February 2012 | 12:00 amToo many big houses are occupying the country's landscape as more consumers shift their preferences toward condos, apartments, and smaller homes, planners said at a smart growth conference this week.
Mortgage Rates Hit New Lows Again
Posted on 3 February 2012 | 12:00 amMortgage rates once again inched lower this week, lowering the cost of borrowing and increasing housing affordability.
Fannie Mae Gains More Short-Sale Authority
Posted on 3 February 2012 | 12:00 amSeveral mortgage insurers have removed another barrier in short sales that could speed approval of short sales on Fannie-backed loans.
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