Central bankers around the world are asking for help in staving off a global economic downturn, but will politicians will respond to the call quickly enough?
The average price of a home in the US rose to $276,000 last month
Housing starts down 2%… Home prices up so far this year in Iowa… Most expensive one-bed rental in New York - $300,000 a month…
A steady drop in rates is giving homeowners a second chance to lower mortgage payments, and according to Ellie Mae, lenders in January saw their share of refinancing activity jump.
When will rates rise? No one knows, not even the Fed.
Will it actually work? Eric Holder has set a deadline for U.S. attorneys to identify individuals to prosecute for their roles in the financial crisis.
RealtyTrac recently reported that foreclosures jumped in January across the country due to a 55% jump in bank repossessions, but some are questioning the real estate information firm's data.
Since the president’s action to lower FHA premiums, economists have tried to estimate the number of existing borrowers that could benefit from the reduction, and the Urban Institute is no different.