Finance & Mortgage

Australia Housing Bubble in Sydney: Treasury Issues Warning

Treasury Secretary John Fraser declared that Australia is in a housing bubble. Australia is reportedly in a housing crisis as the Treasury recently declared that Sydney is in the midst of a housing bubble.

Mortgage Rate Rises to 3.80 Percent, Freddie Mac Survey Reveals

The mortgage rates based on Freddie Mac survey are significantly higher than last week's rates.

Housing Market is Hot While Rates are Low

Redfin CEO Glenn Kelman says that housing market is hot while the interest rates are low. Glenn Kelman, CEO of Redfin, an online real estate search and brokerage company, said on Monday in an interview with CNBC that housing market is hot while the mortgage rates are low.