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California is Leading the Recovery

California is Leading the Recovery

By Steve Cook RISMEDIA, September 22, 2012— The state that gave America Alt-A loans, the first tidal wave of foreclosures, the highest prices during the boom and the fastest fall during the bust is now leading the nation out of the six-year housing depression. In the...
Mortgage Rates Back To Record Lows

Mortgage Rates Back To Record Lows

RISMEDIA, September 21, 2012 Freddie Mac (OTC: FMCC) recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing fixed mortgage rates at or near their all-time record lows, helping to keep homebuyer affordability high. The average 30-year...
Low Rates Spur Refinancing

Low Rates Spur Refinancing

By Claudia Buck RISMEDIA, September 25, 2012    They’re knocking on the lender’s door. As mortgage rates have tumbled to all-time lows, demand for refinancing has fired up homeowners nationwide. And it’s not just those drowning in underwater mortgages. With rates for...