housing market

In this July 2, 2014 photo, Ryan Carson, right, poses for a photo with his wife, Jenny Roraback-Carson, and their daughter Clara, 3, in the entry to their home in Seattle. (AP Photo/Ted S. Warren)

Downside of low US mortgage rates? Less selling

WASHINGTON (AP) — Would-be home sellers across the country are grappling with a once-in-a-lifetime problem: They have mortgage rates so absurdly low it would hurt them financially to sell. Doing so would mean giving up […]


Information you need on Money 101

Ring in the New Year with information to help your finances. Today on Money 101 with Bob McCormick the conversation will feature:


U.S. new-home sales rise to match 2-year high

WASHINGTON (AP) – Sales of new homes in the U.S. rose 3.6 percent in July to match a two-year high reached in May, the latest sign of a steady recovery in the housing market. The […]


Southland housing market is on fire (audio)

As heard on KFWB News Talk 980 today, the housing market is hot, hot, hot! Money 101 host Bob McCormick spoke with Leslie Appleton Young, Chief Economist with the Califonia Association of Realtors. Listen to […]



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