Mortgages

Home Sales Improving
WASHINGTON (AP) — Home sales rose in January to the highest pace in nearly two years, flashing signs of health ahead of the spring-buying season. The National Association of Realtors says home sales increased 4.3 percent last month to a seasonally adjusted annual rate of 4.57 million. Thatt&#x…
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…