Posts Tagged ‘30-year mortgage interest rates’

CNBC’s Diana Olick Has It Right, Says Housing Markets Headed for Trouble

CNBC's Diana Olick Has It Right, Says Housing Markets Headed for Trouble

Okay, so I'm just giving Diana a hard time... she's got a tough job being the only voice no blaming the whole housing debacle on deadbeat borrowers who all bought home they couldn't afford. Instead, Diana doesn't mention foreclosures... (Continue reading)

Two -Year Housing Recovery Mirage Now Over… Bernanke Hoping to Retire Before Everyone Notices

Two -Year Housing Recovery Mirage Now Over... Bernanke Hoping to Retire Before Everyone Notices

At the end of 2010, the interest rate on a 30-year mortgage was just under 5 percent... 4.97% to be more precise. Over the next 28 months actions taken by the Fed pushed that rate down as low as... (Continue reading)