Frank Nothaft

Diminished Housing Wealth Effect Keeps Pressure on Fed

The wealth effect from rising house prices may not be as effective as it once was in spurring the U.S. economy.

Foreclosures May Push U.S. Housing Rebound to 2013

The two-bedroom Denver row house that Kyle and Jennifer Zinth bought in 2005 is a tight fit now that they have an 18-month-old son, Max, and a coonhound named Beauregard. They plan to put it up for sale next month, hoping to at least break even so they can buy a larger home.

Mortgage Rates in U.S. Decline for a Third Week With 30-Year Loan at 4.87%

U.S. mortgage rates declined for a third week, making homebuying more affordable as demand for properties slumps.

Mortgage Rates for U.S. Loans Fall From 10-Month High

Mortgage rates for 30-year U.S. loans declined for the first time in five weeks, reducing borrowing costs from a 10-month high.

Mortgage Rates for U.S. Loans Jump to Seven-Month High

Mortgage rates for 30-year U.S. loans jumped to a seven-month high, increasing borrowing costs for homebuyers as the real estate industry struggles to recover.

Mortgage Rates in U.S. Tumble to Lowest in More Than 50 Years

U.S. mortgage rates fell to the lowest in more than half a century as concern that the global economic recovery is faltering spurred demand for bonds that guide home loans, according to Freddie Mac.

Mortgage Rates for 30-Year U.S. Loans Advance to Seven-Month High of 4.86%

Mortgage rates for U.S. loans climbed to a seven-month high, increasing borrowing costs for homebuyers in a sluggish real estate market.

Fed’s $2 Trillion May Buy Little Improvement in Jobs

For $2 trillion, Federal Reserve Chairman Ben S. Bernanke may buy little improvement in growth, employment or inflation over the next two years.

Homebuyers Hunker Down as Housing’s Drag on Economy May Worsen

Sanjay Jain called his real estate broker four days ago to cancel a deal to buy a three-bedroom home in Folsom, California, unnerved by another plunge in the most volatile equities market on record.

"In sharp contrast to the thrills provided by the Cyclone, those who rode the capital markets in recent weeks have had a far more shrilling cry."

- Frank Nothaft on Aug 21, 2011

Freddie Mac

New York

Mortgage Bankers Association

Washington

U.S. Treasury Plans to Sell 30 Million More GM Shares

Global Stocks Tumble as Treasuries Rally, Yen Strengthens

U.S. Stocks Fall on Stimulus Bets Amid Jobs, Factory Data

Dying Girl Denied U.S. Waiver for Adult Lung Transplant

Obama Picks Rice for National Security Post