Existing Homes

Rate On 30-Year Mortgage Down To Record 3.91%
WASHINGTON (AP) — 2012 looks to be another year of opportunity for the few who can afford to buy or refinance a home. The average rate on the 30-year fixed mortgage fell to 3.91 percent this week, Freddie Mac said Thursday. That matches the record low reached two weeks ago. The average on the…
Home Purchases Up, But Earlier Sales Look Weaker
WASHINGTON (AP) — The number of Americans who bought previously occupied homes rose last month. But the National Association of Realtors says it overstated more than 3 million sales during and after the Great Recession, showing the housing market remains much weaker than previously thought. T…