What's next for housing and mortgage rates?

Foreclosure Yard Sign

The housing boom and bust has left the real estate market battered. But with housing activity up, prices down and mortgage rates holding steady, leading Keith Gumbinger of HSH.com, the nation's largest publisher of mortgage and consumer loan information, is practically upbeat about the real estate market. In this episode of "Ask the Experts," we discuss the current state of the real estate market and answer questions about refinancing, underwater loans and more.


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    Jill Schlesinger, CFP®, is the Emmy-nominated, Business Analyst for CBS News. She covers the economy, markets, investing and anything else with a dollar sign on TV, radio (including her nationally syndicated radio show), the web and her blog, "Jill on Money." Prior to her second career at CBS, Jill spent 14 years as the co-owner and Chief Investment Officer for an independent investment advisory firm. She began her career as a self-employed options trader on the Commodities Exchange of New York, following her graduation from Brown University.