Rod Watson's Blog

Many households say that foreclosures are a bargain and are increasingly eager to buy them, according to a Harris Interactive survey conducted for Trulia.com and RealtyTrac.The survey found that 55 percent of U.S. adults are at least somewhat likely to consider purchasing a foreclosed home, up fr...

Freddie Mac reports a slight rise this week in the 30-year fixed mortgage rate to 4.86 percent from 4.84 percent in the previous week.Rates have been below 5 percent for nine weeks in a row. Last year at this time, the average 30-year rate was 6.01 percent.The 15-year fixed mortgage rate climbed ...