Mortgage and Real Estate Insight

A string of positive economic reports on the housing market over the past few weeks show the hangover from the first-time homebuyer tax credit is easing and demand for housing is slowly increasing. New home sales for August were of their lows from July and existing home sales rose a better than e...

Mortgage rates actually rose a bit this week for the first time in a couple of months. After bottoming out earlier in the week on renewed global economic fears, a string of positive economic reports had stocks rallying in the second half of the week creating a sell-off in US Treasuries. After fal...