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Foreclosures continue to plague housing market(0) NEW YORK (CNNMoney) — Foreclosures continued to plague the U.S. housing market last quarter, while a a growing backlog has caused the length of the foreclosure process to drag on and on.
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| 30-year mortgage rates fall below 4% for first time(0)“Average 30-year conventional fixed mortgage rates fell below 4% for the first time in history this week following a sharp drop in 10-year Treasuries early in the week as concerns over a global recession grew,” said Freddie’s chief economist, Frank Nothaft. Read More |