In what seemed like a New York-minute, prices of luxury homes in Manhattan are suddenly falling.
Mortgages: What you need to know in 2009
Mortgage rates are at historic lows and may be poised to go even lower next year. It's a great time to buy a home ? if you can.
Rates on 30-year mortgages fell to a record low for the third straight week and borrowers took advantage of the drop, sending new applications soaring.
Mortgage applications were at their highest level in more than five years last week, as borrowers took advantage of attractive rates and rushed to refinance their home loans.
