Freddie Mac Expects Low Mortgage Rates Through Mid-2012

Mortgage rates will likely remain very low, at least through mid-2012, according to Freddie Mac. Rates on 30-year conforming mortgages have hovered around 4.0 percent or lower for the past quarter. The GSE says that in large part due to the Federal Reserve’s program for extending the maturity date for mortgage securities it holds. This …

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Reports Show Improvements in Commercial Property Sector

Reports by New York-based firms Moody’s and Real Capital Analytics show positive trends in the commercial property sector that experts are attributing to improved credit conditions. Commercial real estate prices and transactions are both improving, the reports show. Moody’s reported a 4.3 percent increase in commercial real estate prices during September, marking the first increase …

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