BREAKING NEWS: Senate Plans to Extend and Expand Tax Credit

RISMEDIA, October 29, 2009—(MCT/The Wall Street Journal)-The Senate has reached a compromise on extending and expanding the $8,000 tax credit for first-time home buyers, a boost the housing industry believes will help it pull out of its two-year-old downturn. ..READ FULL STORY...

30-Year Fixed Rate Still Below 5 Percent for Third Consecutive Week

Freddie Mac today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 4.92 percent with an average 0.7 point for the week ending October 15, 2009, up from last week when it averaged 4.87 percent. Last year at this time, the 30-year FRM averaged 6.46 percent.
Full Story: http://realtytimes.com/rtpages/20091016_rates.htm

Real Estate Investment 101

It's one of the best of times ever to invest in real estate, but just like buying a home to live in, taking the real estate investment plunge requires lots of foresight.
Full Story: http://realtytimes.com/rtpages/20090924_invest.htm