WISH-TV - Sales of new homes rose unexpectedly in April to the fastest pace this year as the housing sector showed resilience in the face of rising mortgage rates. But the price of homes sold last mon (full story)
Minorities more likely to pay high mortgage rates
Spartanburg Herald-Journal - CHARLOTTE, N.C. -- Black and Hispanic home buyers are more likely to pay high mortgage rates than white borrowers with similar credit ratings and income levels, an advocac (full story)
Realtors see lower home sales
MSNBC - WASHINGTON - The National Association of Realtors on Tuesday lowered its forecast for U.S. home sales in 2006 and called on the Federal Reserve to stop raising interest rates because parts of (full story)
30-Year Mortgage Rates Increase to 6.67%
Rates on 30-year, fixed-rate mortgages averaged 6.67% this week, up from 6.62% last week and the highest since the week ended June 13, 2002, mortgage company Freddie Mac said. (full story)