Current+Event+5

=Recent Housing trends have been hard to follow. Home sales this year are down, but are significantly up from previous years. The rate for a fixed mortgage just increased to 3.13 percent last week and 3.9 percent for a 30 year mortgage. The number of homes on the market is holding back increases in price. Since there are less homes on the market the price has to be lower to sell them. In another year if prices stay flat people will be more inclined to buy rather than to rent. People say that the market has already hit its bottom and is ready for an upturn. Also investors are buying a significant percent of homes.= http://finance.yahoo.com/news/housing--mixed-signals-in-latest-data-.html