Making sense of the Financial Regulations Bill for Buyers

Making sense of the Financial Regulations Bill for Buyers

If You Don’t Buy a House Now, You’re Stupid or Broke says Newsweek

Interest rates are at historic lows but cyclical trends suggest they will soon rise. Home buyers may never see such a chance again, writes Marc Roth

Fed Keeps Short-Term Interest Rates Near Zero

The Fed reiterated its expectation that the benchmark fed
funds rate would remain “exceptionally low,” as it has since
December 2008, for “an extended period,” despite growing
concerns among policy makers that the stance was too
constraining.

Straddling the Fence on the Housing Market

Real estate has been a minefield the last three plus years as the gory remains of the real estate bubble bursting came home to roost. The federal government has done all it can to try to stabilize the market, and it seems to have worked. Those stabilizing efforts are in the process of ending and now we wait to see what will happen with the housing market.

Fed’s Rosengren: Loan Rates Set to Rise in Spring

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U.S. home loan rates could rise by as much as three-quarters of a percentage point in the spring as the Federal Reserve ends its mortgage bonds purchase program, a top Fed policymaker said in an interview published on Saturday.

“You maybe would have thought you would have seen rates move up more quickly than [...]

L.A. County home sales up during November compared to last year #realestate

The median home price of an existing, single-family home rose 5.8 percent in November compared with a year ago, the first time the median home price has increased in year-to-year comparisons since August 2007.

Everyone Wants a Lower Price, But What About the Impact of Interest Rates? #realestate

It’s important to keep in mind, however, that the sales price is not the only factor that determines what the monthly payment will be. In fact, the impact of higher interest rates can easily nullify any benefit of waiting for a lower price.

#Realestate Housing bottom behind us, experts say

The median price of an existing, single-family home in California rose for the seventh consecutive month in September to $296,090, according to the CALIFORNIA ASSOCIATION OF REALTORS®’ most-recent sales and price report. Home sales also increased in September, rising 2.1 percent compared with August. If home sales maintain their current pace, 530,520 units will be sold in California in 2009.