Things at Ocwen just went from bad to much, much worse

Things at Ocwen just went from bad to much, much worse

Embattled company hit with an avalanche of bad news

Pending home sales surge to highest level in 18 months

Buyer demand boosts sales

Foreclosure: The Movie… (finally!) coming to a screen near you

In new film, neighborhood of foreclosed homes drives man insane
W S
Lending / The Ticker

Lenders less skittish, good year for mortgage rates

/ Print / Reprints /
| Share More
/ Text Size+

For Houston, 2013 won’t just be another good year for mortgage rates, but the region also will likely continue to see lenders less skittish than those in markets that “lost their shirts” in the mortgage crisis, a financial analyst says.

The Federal Reserve has set interest rates near zero — record lows since December 2008 — and that’s highly unlikely to change in 2013, leaving mortgage rates, auto loans, home equity, credit card rates and deposit rates at their current low-interest levels, said Greg McBride, a senior financial analyst at North Palm Beach, Fla.-based BankRate Inc.

Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus