What's Hot on HousingWatch This Week

Tyler Perry can afford to buy big ol' pink mansions no matter what interest rates are doing, but this week brought great news for the rest of us. Lower rates were hot news on HousingWatch this week. See what else our readers were interested in.

1. Tyler Perry Buys $40M Atlanta Mansion as $7.6M Teardown
Hollywood heavyweight Tyler Perry (shown at left) plans to keep his Atlanta roots firmly planted, with his recent purchase -- and planned demolition -- of a 30,000-square-foot pink mansion. Read more.

2. Foreclosures at All-Time High, Buyers Are Bargain Hunting
A glut of foreclosed properties combined with attractive mortgage rates is making many people consider buying these days. See if you're a good candidate to take advantage of the deals. Read more.