"I don't see anything in the markets that says there's any newfound optimism" Stocks wobbled Thursday as investors, worried about technology after a dreary outlook from Cisco Systems, struggled to avoid four straight days of losses as retailers posted declining sales and the National .
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With the costs of their two mortgages eating up 40% of their combined incomes, a Georgia couple wonders whether to remain in the house or move.
Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages averaged 5.
"Our inventories are still very very high and they need to be worked off before we get to bottom" In a fresh sign that the nation's housing crisis will worsen, home prices are likely to decline in 2008 for the second straight year, the National Association of Realtors said Thursday.
Informational or gossipy, agents say sites give them an edge.
Researchers predict a 'generational' dive in housing demand and say it could cause a major price downfall.
How much will the housing market be helped if Washington authorizes Fannie Mae, Freddie Mac, and the Federal Housing Administration to buy more expensive mortgages? Not as much as you might guess.