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RISMEDIA, April 24, 2009-U.S. home prices rose 0.7% on a seasonally adjusted basis from January 2009 to February 2009, according to the Federal Housing Finance Agency’s monthly House Price Index. January’s previously reported 1.7% increase was revised to a 1.0% increase. For the 12 months ending in February, U.S. prices fell 6.5%. The U.S. index …


Home-Value Insurance May Be the Push Buyers Need


RISMEDIA, April 23, 2009-(MCT)-There are would-be home buyers out there who are ready and able, but just not willing. They can’t bring themselves to pull the trigger.
The way they look at this angst-riddled market, buying a home could be akin to driving a new car off the dealer’s lot-instant depreciation.
Saying such a thing out loud …


30-Year Mortgage Rates Fall Again


RISMEDIA, April 22, 2009-The weekly average rate borrowers were quoted on Zillow Mortgage Marketplace for thirty-year mortgages fell during the past week. Last week’s rate was 5.06%, down from 5.10% the week prior, according to the Zillow Mortgage Rate Monitor, compiled by real estate website Zillow.com. Meanwhile, rates for 15-year fixed mortgages decreased to 4.68%, …

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