 |
Subscribe / Renew |
 |
Contact Us |
| ► Subscribe to our Free Weekly Newsletter | |
Construction Bids
| home | Welcome, sign in or click here to subscribe. | login |
Real Estate
The Real Estate Adviser |
Subscriber content preview
August 1, 2002
So why haven't rates on mortgages risen yet?
By TOM KELLY
The Real Estate Advisor
The Real Estate Advisor
The economy is supposedly recovering, yet fixed-rate home loans have remained near their lowest levels in 30 years - keeping housing as the “bell cow” leader of its big industry partners.
Home prices continue to rise in many markets, keeping potential buyers on a continuous lookout for the right home in a specific neighborhood. Boomers and seniors planning to stay put are constantly teased by home equity loan offerings allowing them to tap in to their home’s mounting appreciation.
. . .
To read this story in full login or purchase a subscription.
Previous columns:
- Average age of RV owners drops to 49, 07-25-2002
- Reverse mortgages gain favor as stocks slump, 07-18-2002
- Income from part-time rental comes tax-free, 07-11-2002
- Co-op units still rare in the West, 07-05-2002
- Crime doesn't pay when selling a home, 06-27-2002
- The world according to Trump, 06-20-2002
- Lessons in customer service, 06-13-2002
- Seniors can get help with repairs, 06-06-2002