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Economic News

Think tank releases economic numbers for 100 largest metro areas

People that want as much information as possible about a city's economic vitality before planning their move will be singing the praises of the Brookings Institute after the release of a new report.

Positive jobs report brings increase in mortgage applications

In the mortgage and moving market, last week was one of growth.

Foreclosure preventions double in 2010

Last year, Freddie Mac and Fannie Mae went to great lengths to help families stave off foreclosure.

Housing affordability at an all-time high

When a real estate broker tells a prospective mover that it's never been more affordable to own a home, he or she means that literally.

Mortgage delinquency rate drops in fourth quarter

It appears more people may be getting their financial houses in order.

Mortgage rates jump to 10-month high

After months of historically low mortgage rates, people planning on buying or moving into a new home will be paying the highest mortgage rates the country's seen in the past 10 months.

Cash is king in Nevada real estate market

In Nevada, homebuyers are keeping their checkbooks and credits cards stashed and paying for their new homes with cash.

Some Mass. residents go months without paying mortgage

While the housing market has been showing signs of life for over a month, financial stress has left many Massachusetts residents unable to pay their mortgage.

Home prices at end of January may signal recovery

Putting off moving plans may no longer be an option for people believing low home prices are here to stay.

Freddie Mac says more people are paying down their mortgages

If a report released from Freddie Mac is any indication of the housing market, it appears more people are taking advantage of affordable mortgage rates.