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Are Rate Cuts Good for Homeowners?

As the year comes to an end, the week prior to December 31 inspires reflection on the previous year's economic news. Many wonder if interest rate ...»

All Fall Down: What if Fed Rates go to Zero?

If the Federal Reserve keeps cutting rates until they hit zero, it might stimulate the economy by boosting the housing market. On the other hand, ...»

Mortgage Rates Tumble Below Pre-Meltdown Levels

In the wake of the Fannie Mae takeover, mortgage interest rates declined, and the overall cost of taking out a home loan or doing a mortgage ...»

Advantages and Disadvantages of a 15-Year Mortgage

So you missed out on last spring's ultra-low rates, those dizzying few weeks when 30-year fixed -rate mortgages could be had at interest rates ...»