Finance & Mortgage

Fixed-Rate Mortgages on New Rising Spree

While remaining close to its historic lows, the average rate on fixed mortgages increased this week, Freddie Mac announced Thursday.

Update: American Realty Increases Buying Bid for Cole Credit

American Realty Capital Properties has increased its bid to buy Cole Credit Properties to $6.7 billion from its initial $5.7 billion offer. The new amount adds up to around $9.7 billion, inclusive of debts.

"Another Housing Bubble?" Home Price Spike Fuels Analysts' Concern

As the housing prices continue their skyrocketing, with recent numbers showing it at a 5-year high, analysts are beginning to wonder: “Is this another real estate bubble?”
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