LendingTree in the News

Businesses want more signs of recovery before hiring
The Atlanta Journal-Constitution
Michael E. Kanell
Mar 05, 2010

Most economists say recovery hinges largely on housing, but all indications are that real estate’s turn will be slow. National prices will likely decline about 5 percent more in the next year, said Cameron Findlay, chief economist of LendingTree, the Charlotte-based, online finance and mortgage company.

January home sales fall 7.2%, median price unchanged
USA Today
Alan Zibel
Feb 26, 2010

Another question hanging over the housing market this year is whether interest rates will rise, and by how much. The Federal Reserve's $1.25 trillion program to push down mortgage rates is scheduled to expire on March 31.

After that program runs out, mortgage rates should not spike, but rather rise gradually to about 6% over the next year, predicts Cameron Findlay, chief economist at LendingTree.com. That will mean homebuyers may have to reduce their price range, and could put downward pressure on prices.

Housing market shows weakness for 2nd month
Kansas City Star
Alan Zibel
Feb 26, 2010

Another question hanging over the housing market this year is whether interest rates will rise, and by how much. The Federal Reserve's $1.25 trillion program to push down mortgage rates is scheduled to expire on March 31.

After that program runs out, mortgage rates should not spike, but rather rise gradually to about 6 percent over the next year, predicts Cameron Findlay, chief economist at LendingTree.com. That will mean homebuyers may have to reduce their price range, and that trend could put downward pressure on prices.

Housing market shows weakness for 2nd month
Business Week
Alan Zibel
Feb 26, 2010

Another question hanging over the housing market this year is whether interest rates will rise, and by how much. The Federal Reserve's $1.25 trillion program to push down mortgage rates is scheduled to expire on March 31.

After that program runs out, mortgage rates should not spike, but rather rise gradually to about 6 percent over the next year, predicts Cameron Findlay, chief economist at LendingTree.com. That will mean homebuyers may have to reduce their price range, and that trend could put downward pressure on prices. 

Housing Market Shows Weakness for 2nd Month
ABC News
Feb 26, 2010

Another question hanging over the housing market this year is whether interest rates will rise, and by how much. The Federal Reserve's $1.25 trillion program to push down mortgage rates is scheduled to expire on March 31.

After that program runs out, mortgage rates should not spike, but rather rise gradually to about 6 percent over the next year, predicts Cameron Findlay, chief economist at LendingTree.com.