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FHFA Index Shows Mortgage Interest Rates Remain Low in April

Washington, DC - May 30, 2013 - (RealEstateRama) -- National data show interest rates on mortgages are stable at low levels. Contract mortgage interest rates increased slightly in April—up 0.02 percent from March, according to an index of new mortgage contracts.

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Peters, Lawler Introduce Bill to Expand On-Base Homes for Servicemembers

Representatives Scott Peters (CA-50) and Mike Lawler (NY-17) introduced the Military Housing Innovation Act to address the shortage of safe, cost-efficient on-base housing for servicemembers. San Diego is home to more than 115,000 active-duty servicemembers who rely on both on-base and off-base housing.