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Housing and mortgage trends in 2011
mortgage
Housing and mortgage trends in 2011

Real estate agent handing off house keys to homebuyerWith mortgage rates so low, it's prime time to refinance. With home prices so depressed, it looks like the perfect opportunity to buy. Lots of people are refinancing their loans and purchasing houses. And plenty others wish they could refi or buy. Still others are looking for places to live after losing their homes to foreclosure. Polyana da Costa examines these trends and more.

Also this fall, borrowers get tips for successfully refinancing when lenders are so busy, and Bankrate explains how the best gimmick for selling a house is establishing the right asking price. We wrap up this quarterly housing review by exploring what happens when your home sale falls through -- or when your attempt to buy a home goes kaput.

 

Housing and mortgage trends in fall 2011

 

Housing and mortgage trends in summer 2011

Housing and mortgage trends in spring 2011

Housing and mortgage trends in early 2011

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Mortgage Overnight Averages
Product Rate +/- Last week
30 yr fixed mtg
3.77% 3.60%
15 yr fixed mtg
2.88% 2.74%
5/1 ARM
2.66% 2.54%
30 yr fixed mtg refi
3.76% 3.58%
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Another indicator of an improving housing market: Realtor income is up.
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