rates dip after 5 weeks

Rates on 30-year mortgages, after rising for five straight weeks, edged down slightly this week, Freddie Mac reported in its nationwide survey. Thirty-year, fixed-rate mortgages fell to 6.69 percent this week from 6.74 percent last week, when rates had jumped to the...

LUXURY HOME MARKETS REMAIN STRONG

High-end home values remained strong in Los Angeles, San Diego, and San Francisco during the first quarter of 2007, according to the First Republic Prestige Home Index™, which tracks homes valued at more than $1 million in key California markets. Last quarter the...