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Friday, 17 February 2012 00:00

Bernanke: Low Rates Will Help Banks

Written by Daily Real Estate News

"The purpose of the Federal Reserve's policy of low interest rates is to speed the economic recovery, which will increase loan demand and opportunities for profitable lending," Bernanke said at a community banking conference this week....

When a home falls into foreclosure and is left abandoned, you can never be too sure what you may come across. Authorities certainly weren't expecting this....

Young Americans have it rough. In fact, nearly 70 percent of the public says it's more difficult for young adults today than their parents' generation in finding a job, buying a home, and saving for the future....

A measure before the NAR Diversity Committee seeks to clarify Article 10 of the Code of Ethics to align with HUD's new policy prohibiting discriminating on the basis of gender identity and sexual orientation....

In one metro area, homes in foreclosure are being sold at up to a 68 percent discount compared to the average sales price of homes not in foreclosure. Find out where the biggest foreclosure deals abound....

"They were very private people. They didn't want anything showy," says the real estate agent selling the Rancho Mirage, Calif., home belonging to the late President Ford and First Lady Betty Ford....

After posting a series of record lows, mortgage rates reversed course this week, Freddie Mac reports in its weekly mortgage market survey....

First-time home buyers are coming with a big wish list to their home shopping, but when it comes down to it, they'd rather live small than large....

While new-home sales fell in December, analysts say there are strong signs that 2012 won't be as bad for builders....

In his State of the Union address Tuesday night, President Obama said that he wants to keep alive the "American dream," which included several efforts aimed at lifting the ailing housing market....

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