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A Plus Side To The Housing Market After All Read more »
Posted By: Diana Olick, CNBC.com
I like to think I know everything about home prices, but I learned a few things from Prof. Chip Case at a conference yesterday (one of the men behind the Case-Shiller Home Price Index). Case is this fascinating guy whose brain is so swimming with numbers that you can almost see them crawling across his forehead.
Mortgage Rates Climb as Housing Grasps For Recovery
By Jeff Cox, Special to CNBC.com | 03 Apr 2008 | 11:33 AM ET
Mortgage rates edged upward over the past week, despite the Federal Reserve’s aggressive cost-cutting measures and Wall Street’s eagerness to get past the housing crisis.
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A 30-year fixed-rate mortgage now costs 5.88 percent, up slightly from last week’s 5.85 percent, according to Freddie Mac, the second-largest US provider of home loan financing.
