Tag Archives: S&P Case-Shiller Home Price Index

Why Isn’t It Easier to Qualify For A Mortgage?

The Mortgage Corner It’s not getting any easier to obtain a mortgage. This is in spite of record low mortgage rates, as low as 3.0 percent for 30-year conforming fixed rates; as well as the appearance of so-called Alt-A, non-QM … Continue reading

Posted in Consumers, Economy, Housing, housing market, Politics, Weekly Financial News | Tagged , , , , , | 1 Comment

Record Post-Recession Home Sales, Construction, Case-Shiller Prices in July

The Mortgage Corner With all the bad news coming from the stock market, it’s good to know that this hasn’t affected the housing market. In fact, it’s pushing interest rates lower, so that a conforming 30-year fixed mortgage rate has … Continue reading

Posted in Consumers, Economy, Housing, Weekly Financial News | Tagged , , , , , , , , , | Leave a comment

Case-Shiller Home Prices Up, Ownership Rate Lower

The Mortgage Corner Home prices have stabilized for a while, after the 2013 double-digit price surge brought on by the Fed’s various QE bond purchases and ultra-low interest rates. And homeownership rates are still dropping due mainly to affordability and … Continue reading

Posted in Consumers, Economy, Housing, housing market, Weekly Financial News | Tagged , , , , , , , | Leave a comment

Home Prices Increase With Jobs

The Mortgage Corner The S&P Case-Shiller Home Price Index is the bell weather for real estate and home prices these days. It not only reports housing prices, but what affects those prices, and jobs have to be the most important … Continue reading

Posted in Consumers, Economy, Housing, housing market, Weekly Financial News | Tagged , , , , , , | Leave a comment

New-Home Sales, Case Shiller Index On the Rise

The Mortgage Corner–II As if to confirm U.S. housing starts and building permits’ jump to their highest levels in nearly 7-1/2 years, the sales rate of new single-family houses in April 2015 rose even higher at a seasonally adjusted annual … Continue reading

Posted in Consumers, Housing, housing market, Weekly Financial News | Tagged , , , , , , , | Leave a comment

Good Pending Sales, Home Prices in 2015

The Mortgage Corner Pending home sales are rising again. Sales picked up steam in November, to 104.8 from a revised 104.0 in October for a better-than-expected gain of 0.8 percent. It is a sign, along with the Case-Shiller Home Price … Continue reading

Posted in Consumers, Housing, housing market, Weekly Financial News | Tagged , , , , , , , | Leave a comment

Will Housing Now Lead the Recovery?

The Mortgage Corner There is still hope that housing may help this economic recovery, as it has in past recoveries. But that is only if Fed Chairman Janet Yellen succeeds in keeping interest rates—mortgage rates in particular—at their current low, … Continue reading

Posted in Consumers, Economy, Housing, housing market, Macro Economics, Weekly Financial News | Tagged , , , , , , , , , , , , , | Leave a comment