Sales contracts for U.S. homes up 2 percent in January

Sales contracts for U.S. homes up 2 percent in January
The NATIONAL ASSOCIATION OF REALTORS® said recently that its index of sales agreements rose 2 percent last month to a reading of 97. That’s the highest reading since April 2010...

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Where are all the home sellers?

Where are all the home sellers?
Inventories of homes listed for sale in January dropped by 6.6 percent from December to 1.77 million, the eighth straight month that listings have declined, according to data from Realtor.com...

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Points lose favor

Points lose favor
With interest rates at or near record lows, many borrowers are seeing little reason to pay points when buying or refinancing a home. Some are even opting for what’s known as “negative points,” agreeing to a slightly higher rate to help pay closing costs...

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The tax benefits of refinancing

The tax benefits of refinancing
Many people refinanced their mortgages in 2011 to take advantage of historically low interest rates. Now, it’s important that these borrowers claim all the rightful deductions on their 2011 returns...

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A fixed rate alternative

A fixed rate alternative
With interest rates at historically low levels, many borrowers are finding value with a reliable fixed-rate mortgage. However, borrowers who think they could be relocating in the near future, or need to shore up savings, might want to consider what some regard as the next best thing: An adjustable-rate mortgage that offers several years at a fixed interest rate...

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Buffett: I'd Buy Couple Hundred Thousand Homes

Warren Buffett, CEO of Berkshire Hathaway, said on CNBC’s “Squawk Box” that buying single-family homes is such a great investment right now, if it were practical, he’d buy a couple hundred thousand of them,Watch the interview...

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Consumer confidence increases in February

Consumer confidence increases in February

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