The REAL Blog... Where Real Estate & Finance Questions Find Answers.

How High Will Mortgage Rates Go in 2010?

Just how high rates will go, however, and when they’ll start to move, isn’t yet clear. Lawrence Yun, chief economist for the National Association of Realtors (NAR), says 30-year fixed rates are “rock bottom” and simply cannot stay Read More...

How Can You Be a $6,500 Repeat Home Buyer?

The Worker, Homeownership, and Business Assistance Act of 2009 has established a tax credit of up to $6,500 for qualified move-up/repeat home buyers ( existing home owners) purchasing a principal residence after November 6, 2009 and on or before April Read More...

Are You an $8,000 First Time Home Buyer?

The Worker, Homeownership, and Business Assistance Act of 2009 has extended the tax credit of up to $8,000 for qualified first-time home buyers purchasing a principal residence. The tax credit now applies to sales occurring on or after January 1, 2009 Read More...

Where Has All the Equity Gone?

The bond market rallied this week, long-term rates falling, unfortunately in response to lousy economic news. Lowest-fee mortgages fell to 5.00%, and the 10-year T-note has approached its next key level, 3.60%. Every item in this grim litany was forecast Read More...