New 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...
Sales Of New Homes Up In October, But Prices Fall
WASHINGTON (AP) — Americans bought slightly more new homes in October, a hopeful sign for the troubled housing market. But the median sales price fell to its lowest level of the year, and the overall sales pace is trailing last year's — the worst in half a century...