Wednesday, April 7, 2010 as of 11:14 AM ET
Mortgage rates stayed near all-time lows this week, as the housing market showed signs of life and sent potential homebuyers a message: If you want to buy low, it doesn't get any better than this.
The benchmark 30-year fixed-rate mortgage was 3.97%, unchanged from last week, according to the Bankrate.com national survey of large lenders. The mortgages in this week's survey had an average total of 0.41 discount and origination points. One year ago, the mortgage index was 4.75%; four weeks ago, it was 4.09%.The benchmark 15-year fixed-rate mortgage fell to 3.19% from 3.2% the previous week, and the benchmark 5/1 adjustable-rate mortgage rose to 3.02% from 3%.Low mortgage rates are not the primary reason homebuyers decide to buy. But low rates make homeownership more affordable, and they certainly are helping many first-time homebuyers, says David Kuiper, a mortgage planner at First Place Bank in Holland, Mich."They are finally getting the message that rates are at all-time lows," Kuiper s...These stocks are up on high volume today:American Eagle Outfitters (NYSE:AEO) is seeing its price rise on above-normal volume today, as 13.6 million shares, 2.4 time...
Here are nine stocks that set 52-week highs:The share price of American Eagle Outfitters (NYSE:AEO) climbed today, reaching and then surpassing its previous 52-week ...
FOX Business: The Power to ProsperWall Street charged higher on Tuesday after a round of strong corporate earnings and easing anxiety about the debt crisis in Spain ...
FOX Business: The Power to ProsperThe markets soared on Tuesday, propelled by strong earnings from Dow component Coca-Cola and easing worries about the eurozone debt...
FOX Business: The Power to ProsperStock-index futures climbed on Tuesday after Spain held a successful bond sale and traders mulled earnings from three corporate gia...
These are stocks that are up on high volume today:Citigroup (NYSE:C) experienced a price hike on above-average volume today, trading at a volume of 59.3 million, or ...
Janney Capital Markets research director Dan Wantrobski on the sectors that are making money off of the young millennial renters entering the market.
FOX Business: The Power to ProsperDespite ending the week on a high note, the blue-chip average posted its worst week since December amid swelling anxiety about glob...
FOX Business: The Power to ProsperThe markets shed morning losses and rose into the green in afternoon trading as energy and materials shares got a lift from rallyin...
Shares of home builders gained ground early Monday following news that pending home sales increased 2% in January, their highest level since April 2010. Shares of Le...
Toll Brothers CEO Douglas Yearley on why he is optimistic about a housing recovery.
Toll Brothers (NYSE:TOL) disclosed a surprise first-quarter loss on Wednesday as the luxury homebuilder suffered from a drop-off in deliveries.Shares of Horsham, Pa....
The Capital Goods sector (XLI) showed little movement while the S&P 500 gained 0.1% during trading today.Although it went in the opposite direction of the market tod...
These are stocks that are up on high volume today:BlackRock (NYSE:BLK) was up on high volume today, trading with volume of 21.1 million, or 20.8 times its average da...
Florida CFO Jeff Atwater weighs in on the condition of the state's housing market.
Sales of newly built homes in the U.S. grew faster than expected in April and home prices posted a solid gain the prior month, adding to the increasing momentum for ...
Toll Brothers (NYSE:TOL) swung to a stronger-than-expected fiscal second-quarter profit on Wednesday as the luxury-home builder enjoyed its strongest spring selling ...
FOX Business: The Power to ProsperAfter trading in the green for the vast majority of the session, the markets turned negative on Tuesday afternoon as market partici...
So long as the eurozone debt saga doesn't spiral out of control, some housing-market observers are growing increasingly confident the tepid rebound the industry is n...
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