Please ensure Javascript is enabled for purposes of website accessibility

Tag Archives: mortgage rates

Existing home sales drop in September, slowing hot summer pace

WASHINGTON — Americans bought fewer existing homes in September than the previous month, held back by higher mortgage rates and rising prices. The National Association of Realtors said Monday that sales of resold homes fell 1.9 percent last month to ...

Read More »

Realities of Real Estate: Right said Fed

Over the past couple of columns, we’ve been reviewing the impact of rising mortgage rates, as well as the impetus for those rate increases. We recently explained how the Federal Reserve, led by Chairman Ben Bernanke, triggered a jump in mortgage rates by suggesting that the Feds might begin to tighten up on their easy money policies.

Read More »