Finance & Mortgage

China Home Prices Accelerate in March on Government Imposed Property Curbs; Beijing and Shanghai Step Up to Cool Market

Average home prices in major Chinese cities accelerated commendably in March, after the government urged local administrations to tighten rules to cool the hot real estate market. Following the rush, Shanghai and Beijing increased restrictions on property transactions.

Housing Market Recovery: What's Different This Time?

Housing market recovery is more than an optimistic dream now; it’s a reality with tangible components. Existing home sales increased for the 20th consecutive month and existing home prices have beaten last year levels for the 12th consecutive month, as well.

Fixed-Rate Mortgages on New Rising Spree

While remaining close to its historic lows, the average rate on fixed mortgages increased this week, Freddie Mac announced Thursday.