Real Estate and Housing

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U.S. mortgage rates fall to record low: Freddie Mac

Reuters - Thu Dec 3, 11:42 am ET

U.S. mortgage rates dropped to a record low in the latest week, as rates fell for a fifth straight week, a closely watched mortgage survey showed Thursday.

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HUD chief defends efforts to aid borrowers
Washington Post - Thu Dec 3, 12:00 am ET
Housing and Urban Development Secretary Shaun Donovan on Wednesday defended a range of Federal Housing Administration efforts after presenting lawmakers with the outlines for tougher rules that the agency plans to impose on borrowers.
South Korea carmakers seek expanded US market
AFP via Yahoo! News - Thu Dec 3, 10:07 pm ET
After making solid gains in 2009, South Korean automakers Hyundai and Kia are predicting more gains in market share in 2010 as they roll out more new vehicles.
A Personal Loss for a Hofstra Alumnus
New York Times - Thu Dec 3, 9:56 pm ET
For old grads who had attended a recent 50th reunion of the unbeaten 1959 team, ending the program was a blindside hit.
E*Trade's Long Goodbye
Forbes - Thu Dec 3, 9:41 pm ET
The online brokerage continues to add customers but suffers from a brutal hangover
Global warming may require higher dams, stilts
AP via Yahoo! News - Thu Dec 3, 9:37 pm ET
With the world losing the battle against global warming so far, experts are warning that humans need to follow nature's example: Adapt or die.
Ringing Liberty's Bell
Forbes - Thu Dec 3, 9:13 pm ET
A commercial REIT that's trailed its peers during the rebound is ready to close the gap.
When Tebow Needs a Hand, a Big Brother Is There
New York Times - Thu Dec 3, 8:56 pm ET
Peter Tebow has been a one-man support system for his famous brother, but he has also built an identity of his own.
House Votes to Extend Tax on Estates of the Wealthy
New York Times - Thu Dec 3, 8:44 pm ET
The House voted to expand a 45 percent inheritance tax on estates larger than $3.5 million, canceling a one-year repeal of the tax that is set to begin next month.
Starwatch consumer | Mortgage rates reach a record low
The Kansas City Star - Thu Dec 3, 11:58 pm ET
Record low rates Mortgage rates for fixed 30-year loans in the U.S. dropped to a record low amid signs that the housing market is beginning to emerge from the worst slump since the 1930s. The rate fell to 4.71 percent for the week, the lowest since mortgage buyer Freddie Mac began compiling the data in 1971. The average 15-year rate was 4.27 percent.
It's a subdued holiday season for SC first family
AP via Yahoo! News - Thu Dec 3, 8:38 pm ET
In holiday seasons past, South Carolina's first family seemed like something out of a Norman Rockwell painting.
A North Jersey Dream Was Just Too Far Out
New York Times - Thu Dec 3, 8:33 pm ET
Joe Taub, who once believed professional basketball could thrive in North Jersey, recalls the good and the bad times.
Calendar Of Investment-Grade Debt: Agency Bills
Nasdaq - Thu Dec 3, 6:17 pm ET
Fannie Mae: Three- and six-month benchmark bills are auctioned on a weekly basis. One-year bills are auctioned once a month. Every Monday, an announcement is made and on Wednesday the auctions are held. Settlement usually scheduled for Wednesday or Thursday.
Local Realtor earns ABR designation
Lawrence Journal-World - Thu Dec 3, 4:00 pm ET
LaDonna Stephens, of Stephens Real Estate Inc., has received the Accredited Buyer’s Representation designation from the Real Estate Buyer’s Agent Council of the National Association of Realtors.
Sony Unveils Online Plan for Recovery
New York Times - Thu Dec 3, 8:20 pm ET
The company says it will create an online network that pipes its films, music, games and other content to its TVs, Walkmans and PlayStation game machines.
Stocks slip ahead of jobless report
USA Today - Thu Dec 3, 8:05 pm ET
A late-day slide Thursday pulled stocks lower ahead of the government's November unemployment report, due before the start of trading Friday.