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Rates on 30-year-fixed mortgages dropped this week to their lowest levels in at least 37 years, as the Federal Reserve pledged to pour money into the mortgage market in an effort to spur the moribund U.S. housing market. ...more
December 19, 2008
Government efforts to provide easier credit to consumers and help housing finance companies could push mortgage rates "well below 4 percent," a federal regulator said Wednesday. ...more
December 11, 2008
The economy shrank more than expected in the third quarter and home prices fell to levels not seen since early 2004 as the government announced new plans to provide $800 billion to boost consumer spending and home buying. ...more
November 25, 2008
It's time to put an end to the charade that no one ever believed. ...more
July 19, 2008
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