Housing

New home sales in 2007 fell to their lowest level in almost 13 years -- despite big price cuts by homebuilders, according to the Commerce Department. Bob Moon looks at whether there's reason to believe 2008 home sales will be different.

This week, the Fed cut rates by the largest amount in 25 years, but will it do anything to ease the housing crisis? Tess asks Nick Retsinas.

On Tuesday, Floridians will vote on an amendment that will cut their property taxes, intended to relieve some of the pressure from the housing market. Dan Grech examines views for and against the measure.

This week's interest rate cut by the Fed will give the housing industry a shot in the arm. But what will it mean for homeowners and potential home buyers? Steve Tripoli reports.

Right after the Fed rate cut was announced, economics correspondent Chris Farrell started getting e-mails from people asking whether they should refinance their homes. Chris answers that question with Scott Jagow.

Question: Hi, I have an ARM which is just adjusted to 5.75% (and it'll increase to 8.5% next December). I owe $120,000 on this. I have a 2nd...

Question: I plan to retire most likely sometime next year. I have a 30 year fixed at about 6.5%. I'm 5 years into the payments. If I have the...

Housing meltdown or not, home prices are still out of reach in many cities. Rachel Dornhelm reports how friends, and sometimes strangers, are teaming up to buy together.

There's word of a new twist to the mortgage default mess. More home lenders are reportedly walking away from fights over delinquent home equity loans. But, that doesn't necessarily mean a free ride for borrowers. Steve Tripoli reports.