U.S. homeowners have lost about $5.9 trillion in value since the housing market’s peak in March 2006 as mounting foreclosures and the recession weighed on prices, according to Zillow.com.
U.S. housing values decline by trillions since the 2006 peak (Detroit Free Press)
December 13, 2009 By Leave a Comment
Home Values Freefalling across America (KARK Little Rock)
December 9, 2009 By Leave a Comment
U.S. Homeowners Lost $5.9 Trillion Since 2006 Peak (Update1) (Bloomberg)
December 9, 2009 By Leave a Comment
Mortgage Rates at Record Lows
November 23, 2009 By Leave a Comment
Freddie Mac’s weekly survey of average interest rates put the 30-year fixed-rate mortgage (FRM) at 4.83% with an average 0.7 points for the week ending Nov.12, down from the average rate of 4.91% the previous week. That’s a mere 5 basis points shy of Freddie Mac’s record low of 30-year FRM rates, reached twice in… Read More
