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Homes are expensive right now, but these mortgage bonds look cheap
[ad_1] U.S. homes may be wildly unaffordable for first-time buyers, but mortgage bonds backed by those same properties could be dirt cheap. Shocks from…
Tag: 30yearmortgage
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Mortgage rates reach highest level since 2001 and are likely to go higher, Freddie Mac says
[ad_1] U.S. mortgage rates increased for the fifth week in a row, with the 30-year reaching the highest level since 2001. The 30-year fixed-rate…
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Home buyers flee the housing market as mortgage rates surge to the highest level since 2000
[ad_1] The numbers: Mortgage rates rose for the fourth week in a row to the highest level since 2000, as the economy continues to…
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‘The housing recession is over,’ real-estate group says, as pending home sales tick up for the first time in 4 months
[ad_1] The numbers: Home sales inched up for the first time in four months, even as the U.S. housing market continues to deal with…