Real Estate News Roundup


The "lowest mortgage rates ever" are spurring an intensified interest in residential real estate.

But the news media agree that it's much harder to qualify for a mortgage than it used to be, making the benefits of the super-duper rates harder to spread around. Home sales and mortgage applications are down. And Fannie Mae is getting angry with homeowners who simply walk away from their existing mortgages.

HousingWatch explores the last 24 hours in real estate headlines: