Fixed Rate on 30-Year Mortgage Hits 3.62%

Average mortgage rates in the U.S. declined over the past week as fixed-rate mortgages reached new lows, according to mortgage-finance company Freddie Mac.

Scottish Eco Home

This four-bedroom environmentally friendly house near Edinburgh was built by its current owners seven years ago on the site of the home they had lived in for more than 15 years.

Mortgage rates smash old record

Mortgage rates fell again this week, smashing previous record lows, according to a regular weekly release from mortgage giant Freddie Mac.

Rents Increase as Vacancies Dry Up

Landlords boosted apartment rents to record levels in the second quarter as demand from tenants sitting out the home-buying market pushed vacancy rates to their lowest point in more than a decade.

Cities Consider Seizing Mortgages

Local officials in California who say the housing bust is a public blight on their cities may invoke their eminent-domain powers to restructure mortgages as a way to help some borrowers.