Investing

30-year Fixed Mortgage Rates Surge Slightly This Week

Mortgage rates remained flat last week. However, in a recent analysis by Zillow® Mortgage Marketplace, it was found that 30-year fixed mortgage rates had inched up a little after almost a year of stagnancy.

Builders Bank on Office Spaces to See Through Sluggish Phase

Real estate firms are optimisti c about building more office spaces as they hope to rope in companies whose office building leases are set to expire. Though the office market has been sluggish of late, hopes are high on the new building construction.

Luxury Home Sellers Stick to Prices as High-End Listings Go Down in the U.S.

As the supply of Luxury Homes have declined, more number of sellers are reluctant to cut down home prices. Luxury homes remain listed on the market unclaimed for an average of 248 days throughout the country. Prices of these houses will not be lowered until supply meets the rising demand adequately.
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