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real estate interest ratesReuters - WASHINGTON, March 6 (Reuters) - Weak economic indicators pushed interest rates on U.S. 30-year mortgages down this week after three consecutive weeks of gains, home funding company Freddie Mac (FRE.N: Quote , Profile , Research ) said on Thursday. U ... Read more
US 30-year mortgage rates fall in latest weekThe Ledger - He also attributed that trend to the real estate decline. Some banks, such as Washington Mutual, found it cheaper to raise money by offering above-market interest rates (up to 6 percent) on deposits, he said. Read more
Polk Bank Deposits Drop By 7 PercentElko Daily Free Press - The current interest rates are about 61/4 percent. Despite the strong real estate market, both men said there is a lack of affordable housing - homes offered for less than $200,000. Read more
Solid foundation: Elko is surviving the nationwide housing slumpHouston Chronicle - As for the impact that possible cuts in interest rates by the Federal Reserve might have, Smith is not so optimistic. ... on the tax rolls, tax bills jump and homeowners may not have enough set aside in escrow to make the payments, real estate ... Read more
Area foreclosure rate slows, but problems still lurkForbes - In a client note Thursday, Stifel Nicolaus & Co. analyst David Fick reduced his 2008 and 2009 earnings-per-share estimates to $3.50 and $3.83, respectively, to account for lower interest rates and slower transaction volume. Like most real estate ... Read more
Capital Trust Down After Estimates CutReuters - ... said euro zone risks were on the upside, dashing hopes of a near-term interest rate ... ILS=> for latest commercial bank shekel/dollar rates. ... More Financial Services and Real Estate News... Read more
Israel shekel slides vs euro, edges down vs dollarCNBC - Economists say the Fed probably underestimated the impact of lower interest rates on the dollar, crude oil and gold. ... If you have a recession, real estate gets worse, bank lending will be tighten. Read more
As Dollar Tumbles, Should Fed Stop Cutting Rates?CNN Money - Subscribe to Real Estate ... with what the authors determine are proper home values based on population density, relative income levels and interest rates ... Read more
Housing: Best time to buy in four yearsBaltimore Sun - Related links The Real Estate Wonk blog ... Initially low interest rates that reset to much higher rates have clobbered these borrowers. Read more
Industry group says home foreclosures at record high last quarterMeadville Tribune - Jones with Prudential Advantage Real Estate of Meadville. Many of the problems in recent years were because of loans with adjustable rate borrowing, meaning the interest rates were adjusted after several years of payments. Read more
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