Mortgage rates fell for the first time in four weeks, averaging 3.60 percent, down from 3.66 percent. That’s a big drop. A year ago at this time, the average 30-year, fixed-rate home loan was 4.04 percent, according to Freddie Mac.[...]
While home prices grew a moderate 4.3 percent year over year last month, sales surged 7 percent and inventory fell by nearly as much. These forces, combined with new technologies allowing buyers to see and make informed decisions about[...]
With the 100th running of the Indy 500 coming up over Memorial Day weekend, speed and history are the names of the game. Will upstart Simon Pagenaud win it this year? Or will Juan Pablo Montoya take the crown? Either way, is Penske now the best[...]
Seven years after the great deleveraging began, U.S. households are borrowing again. Consumers took on $136 billion worth of new debt in the first three months of this year, nearly all of it in the form of mortgages, according to a report out[...]