HOUSING PASSES A MILESTONE The U.S. finally has moved beyond
attention-grabbing predictions from housing "experts" that housing is
bottoming. The numbers are now convincing, according to David Wessel on
The News Hub.
30-YEAR MORTGAGES FALL BELOW 3.5% Long-term mortgage rates continue to
fall to new record lows, with the average rate on a 30-year fixed-rate
mortgage falling below 3.5 percent for the first time ever.
HEALTH-CARE REFORM LAW CONTAINS SURTAX THAT CAN AFFECT HOME SALES When the Supreme Court upheld the
health-care reform law on federal tax grounds, it restoked a housing
issue that had been relatively quiet for the past year: The alleged
"real estate tax" on home sales buried in the legislation.