Tuesday, November 23, 2010

Housing Remains Highly Affordable for Seventh Consecutive Quarter

RISMEDIA, November 23, 2010—Housing affordability remained near its highest level nationwide for the seventh consecutive quarter as interest rates dipped below 5 percent for the first time since the series was first compiled nearly two decades ago, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI) just released.
Full Article link Below:
Housing Remains Highly Affordable for Seventh Consecutive Quarter

Tuesday, November 9, 2010

Bankrate: Mortgage Rates Return to Record Low Territory

RISMEDIA, November 9, 2010--Mortgage rates revisited record lows this week, with the average rate on the benchmark conforming 30-year fixed mortgage rate returning to 4.42 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.37 discount and origination points.(full article link below)
Bankrate: Mortgage Rates Return to Record Low Territory