Finance & Mortgage

US Housing Market: Is the Slowdown Good for Buyers?

The U.S. housing market has been showing evident signs of a slowdown - sales have been low, prices have been stumpy and foreclosures have been 186 percent above the peak time before the market crash. Is this something to worry about? How can the slowdown affect home buyers?

US Mortgage Rates Remain Unchanged for Second Week

U.S. mortgage rates hardly changed for the second consecutive week ended Thursday July 31, according to the latest results of the weekly primary mortgage market survey conducted by Freddie Mac, the government backed lending giant.

Banks Granting More Multi-Million Dollar Mortgage Loans

More banks in the U.S. are approving multi-million dollar mortgage loans to wealthy buyers as rates remain at record lows, according to some news reports.