Great News! Home Ownership May Drop Further

Sometimes you hear one thing and don’t think much of it, and then you hear another thing that makes the first thing seem much more important. This morning the Mortgage Bankers Association put out a report from two UCLA researchers (MBA funded the report) saying...

Rents Up, Vacancies Down

Apartment landlords are enjoying rising rents and falling vacancies. The average effective rent, the amount paid after discounting, was $997 in the second quarter of the year, up from $974 a year earlier, according to a report scheduled for release Thursday by Reis...

Mortgage Rates Hit 2011 Low After Jobs Report

Home mortgage rates fell again to a fresh 2011 low as a week of downbeat jobs data fueled concerns over a possible economic slowdown this year, according to the latest survey from Freddie Mac. The decline in fixed rates represented the eighth-straight weekly fall and...
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