On Thursday, Freddie Mac, the mortgage company, reported that rates on 30-year, fixed-rate mortgages averaged 6.63%, up slightly from 6.62% last week, and a full percentage point above where they were a year ago.

Mortgage brokers are always the first choice for story loans. This means that borrowers have to sell the lender on their situation in order to get the loan approved. A mortgage broker can do a better job in finding financing for you in these situations than you can do for yourself.

Investor Alex Hartzler of WCI Partners of Harrisburg said Thursday in Lemoyne that Real estate investment has a bright and a dark side.

Google Inc., Web search leader, announced on Wednesday that it plans to pay $319 million for about 978,000 square feet of property as it expands its headquarters in Mountain View, Calif.

The average cost of a home in Calgary has skyrocketed more than $16,000 just two weeks intp the month, earning the typical local homeowner over $1,150 a day in June.

Foreclosure.com tracked a one-month increase of 3,859 residential foreclosures nationwide and confirmed the existence of a buyer's market in the residential real estate sector.

The regional condo market has remained relatively flat during the past year while the nationwide condominium market keeps up with record-breaking, single-family home sales

A prime development site in downtown Seattle has been sold by developer Larry Benaroya for $20.6 million to an investment partnership that includes Firoz Lalji, chief executive of publicly traded Zones Inc. in Auburn.

On Tuesday, the City Council approved a series of regulations that will impose tighter restrictions on developers looking to convert rental apartments into for-sale condominiums in San Diego.

If you used an interest-only or so-called "option" mortgage to stretch into an unaffordable house in the last year or two, you could be facing some dark times.

In Detroit, a mortgage scam has surfaced and targets senior citizens. Last Wednesday, the Wayne County Prosecutor announced the arrest of a suspected scam artist accused of ripping off dozens of homeowners.

Giuseppe Cipriani, who runs glitzy catering halls and restaurants in New York, will lend his name to the shuttered Saxony Hotel, which is being transformed into a condominium complex and a 170-room condo-hotel.