Falling prices, low-rate mortgages put record number of homes in South Florida within the grasp of average people

Falling prices, low-rate mortgages put record number of homes in South Florida within the grasp of average people
Falling prices, low-rate mortgages put record number of homes in South Florida within the grasp of average people
Read more on The Palm Beach Post

Real Estate: Falling home prices attract young, local buyers

Real Estate: Falling home prices attract young, local buyers
Rheanda Hamlin and her husband, Jeremy, are part of a growing segment of homebuyers.
Read more on Reno Gazette-Journal

Home prices falling faster in biggest US cities

Home prices falling faster in biggest US cities
NEW YORK (AP) — Home prices are dropping in the nation’s largest cities and are expected to keep falling next year, as fewer people purchase homes and millions of foreclosures come on to the market. The Standard & Poor’s/Case-Shiller 20-city home price index released Tuesday fell 1.3 percent [...]

Mortgage default risk in metro Detroit and Michigan falling in line with national numbers

Mortgage default risk in metro Detroit and Michigan falling in line with national numbers
Chad Halcom – Metro Detroit and Michigan are coming closer to alignment with the nation for the average default risk on home loans, according to new data from Ann Arbor-based University Financial Associates LLC .
Read more on Crain’s Detroit Business

Falling Home Values hurt Reverse Mortgage Market

Falling Home Values hurt Reverse Mortgage Market

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Refinancing? Rates on auto loans are falling too

Refinancing? Rates on auto loans are falling too
NEW YORK — It’s easy to overlook the cost of auto loans with mortgage rates grabbing all the attention.
Read more on The Huntington Herald-Dispatch

Falling Mortgage Rates May Give a Boost

Falling Mortgage Rates May Give a Boost
Mortgage rates set another record low, potentially freeing up money for consumers
Read more on BusinessWeek

Falling home prices raise fears of new bottom

Falling home prices raise fears of new bottom
The housing slump isn’t over.
Read more on AP via Yahoo! News

Report says fewer falling behind on home loans

Report says fewer falling behind on home loans
WASHINGTON—The number of borrowers falling behind on their mortgage payments dropped sharply at the end of last year, a sign the foreclosure crisis is beginning to ebb. The Mortgage Bankers Association said today the percentage of borrowers who missed just one payment on their home loans fell to [...]

Falling Mortgage Rates

Potential buyers got some extra motivation on Tuesday when mortgage interest rates dropped another half percent. Priya David reports.