(CEP News) - Home sales in U.S. metropolitan areas are up sharply compared to a year ago, Radar Logic reported on Wednesday. Improved home affordability and low mortgage rates contributed to a 7% annual gain in home sales in the 25 metropolitan statistical areas tracked by radar Logic’s RPX housing ...

October 16th, 2009 - When the Obama administration in March instituted programs to help homeowners modify mortgage payments or refinance for lower interest rates, the idea was to curb the foreclosure crisis that has gripped the United States for the past two years. But roughly seven months later, it looks like the federal programs have merely ...
Author: Money Morning