Housing News | | Home price gains slowed slightly in October with both S&P CoreLogic Case-Shiller and the Federal Housing Finance Agency (FHFA) reporting lower annual increa... (read more) | |
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Housing News | | Home price gains slowed slightly in October with both S&P CoreLogic Case-Shiller and the Federal Housing Finance Agency (FHFA) reporting lower annual increases in October than in September. There was a slight uptick, however, in the monthly gain ... (read more) |
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Housing News | | When pending home sales jumped 7.5 percent in October rather than the fractional increase expected, Lawrence Yun, chief economist for the National Association... (read more) | |
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Housing News | | When pending home sales jumped 7.5 percent in October rather than the fractional increase expected, Lawrence Yun, chief economist for the National Association of Realtors® (NAR) viewed the change as defensive. Fast-rising rents and an anticipated i... (read more) |
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Rob Chrisman | | Do we have an 8-year memory in an industry with 10-year business cycles? Bridging the gap between affordability, qualifying with a low income, and rising house ... (read more) | |
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Rob Chrisman | | Do we have an 8-year memory in an industry with 10-year business cycles? Bridging the gap between affordability, qualifying with a low income, and rising house prices are not issues confined to the United States. A new company and product out of Lond... (read more) |
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| Mortgage rates began the week in decent shape, but moved higher somewhat abruptly yesterday. Context is important though. The smallest increment of adjustment for mortgages is typically 0.125%, and we haven't seen a move that big since early November. In fact, the overall range in 30yr fixed rates hasn't even been 0.125% during that time! ... (read more) |
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| Bonds Snap Back Into Holiday Mode Wednesday's abrupt sell-off increasingly looks like the market's way of getting caught up after 2 days of holiday closures in London (when London is closed, cash Treasuries don't trade overnight during the European session). Things were a bit touch and go this morning as yields... (read more) |
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