As could be expected, the housing trend's rise and fall sparked similarities in the size of home people believed they could afford. During the boom it was the McMansion. Now, home builders are releasing smaller models and buyers are selecting them. In Las Vegas, clients are commonly looking for the best deal and just what they can afford. A Las Vegas Realtor is able to scout out those great deals in the MLS and other home finding tools.

As could be expected, the housing trend's rise and fall sparked similarities in the size of home people believed they could afford. During the boom it was the McMansion. Now, home builders are releasing smaller models and buyers are selecting them.

In Las Vegas, clients are commonly looking for the best deal and just what they can afford. A Las Vegas Realtor is able to scout out those great deals in the MLS and other home finding tools.

Bernanke says rate decrease unlikely. Oil prices are a double edged sword he says. Worries about inflation have the Fed leary of dropping the key rate. What does that tell us about housing rates? Well, though the two are related, it doesn't mean much initially. Lenders have set their rates and unless there is a considerable change in the Fed rate we won't likely see much change in mortgages. Bernanke says we should see economic improvement later this year because of several government programs.

"To help brace the economy, the Fed in late April dropped its key rate to 2 percent, a nearly four-year low, but hinted that could be the last reduction for a while. Bernanke drove that point home again on Tuesday."

Bernanke says rate decrease unlikely. Oil prices are a double edged sword he says. Worries about inflation have the Fed leary of dropping the key rate. What does that tell us about housing rates? Well, though the two are related, it doesn't mean much initially. Lenders have set their rates and unless there is a considerable change in the Fed rate we won't likely see much change in mortgages.

Bernanke says we should see economic improvement later this year because of several government programs.

"To help brace the economy, the Fed in late April dropped its key rate to 2 percent, a nearly four-year low, but hinted that could be the last reduction for a while. Bernanke drove that point home again on Tuesday."

CNN reports that some are being rescued from a sticky foreclosure situation. They have helped many keep their homes.

"Hope Now helped 183,000 at-risk borrowers stay in their homes during the month of April..."

Many of the home owners were simply allowed to make up late payments. However, many loans were actually altered to lower the balance or interest rate to ease the payment amount. Sadly, many families are still losing their homes. No one benefits from a foreclosure unless you are on the investor side picking up the recently dumped properties. Some in Las Vegas are reaping the profits. Find out from a Las Vegas real estate agent.