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US mortgage rates stay this week near record lows
US mortgage rates stay this week near record lows
The average U.S. rate on the 30-year fixed mortgage was unchanged this week near historic lows. Here's a look at rates for fixed and adjustable mortgages over the past 52 weeks:

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News Summary: 30-year loan rate stays at 3.53 pct.
News Summary: 30-year loan rate stays at 3.53 pct.
RATES REMAIN LOW: The average U.S. rate on the 30-year fixed mortgage was unchanged this week near historic lows, while the average rate on the 15-year loan fell. Low mortgage rates could help strengthen the housing recovery. THE NUMBERS: Mortgage buyer Freddie Mac says the average rate on the 30-ye

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News Summary: Tips on investing in rental housing
News Summary: Tips on investing in rental housing
OWN AND RENT: Low mortgage rates have made buying a home more affordable and turned rentals into an attractive option for investors. Many homeowners also have purchased a second home and rented out their first property. RENTAL DEMAND: Although the housing market is showing signs of recovery, demand

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US home prices rose last year by most in 6.5 years
US home prices rose last year by most in 6.5 years
U.S. home prices jumped by the most in 6 ½ years in December, spurred by a low supply of available homes and rising demand. Home prices rose 8.3 percent in December compared with a year earlier, according to a report Tuesday from CoreLogic, a real estate data provider. That is the biggest annual g

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Futures higher, pointing to another market swing
Futures higher, pointing to another market swing
Stock futures rose Tuesday after the biggest sell-off this year, with strong economic data coming out of Europe and the U.S. service industry expected to show further expansion, though at a slower pace. There is also new data showing that U.S. home prices spiked in December at the fastest pace in m

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Heating system suspect in Mexico oil company blast
Heating system suspect in Mexico oil company blast
A water-heating system may have leaked gas into a tunnel beneath the headquarters of Mexico's national oil company for more than seven months before it was accidentally detonated by a maintenance crew's improvised lighting system, officials said Tuesday, adding fresh detail to the narrative of the

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