How much do higher mortgage rates reduce home sales?
Tag Archive for Mortgage Rate
Latest Business Headlines
Mortgage rates hit record lows – again – CNN
by Newswires • • 0 Comments
BloombergMortgage rates hit record lows – againCNNBy Les Christie @CNNMoney May 17, 2012: 12:09 PM ET NEW YORK (CNNMoney) — Buying a home just got even cheaper as interest rates on both 30-year and 15-year-fixed-rate mortgages set record lows for the …
Bears Chat, Best of the Forums
Why I Would Rather Shoot Myself Than Own a Home
by Bears Chat at The Wall Street Examiner • • 0 Comments
How do banks make money? Very simple. They borrow from you at cheap interest rates and then lend to you at higher interest rates. What? How do they do that? Well, when they pay you 0.5% on your checking account its as if they are borrowing from you …
Economics, Housing, Professional Edition
Cracked Economic Reports Not as Cracked Up To Be
by Lee Adler • • 0 Comments
Two key economic reports out today require closer scrutiny. Their positive readings may not be all that they appear to be on the surface. Both the MBAA’s Mortgage Applications Index and the weekly unemployment claims were reported as positives this morning. But just how good were they?
