Case-Shiller Home Price Index reports for November indicate that home price growth continues to slow. The 20-City Home Price Index dropped by 0.20 percent to November’s reading of 4.30 percent year-over-year.
What’s Ahead For Mortgage Rates This Week – May 5, 2014
Last week’s economic news included several reports related to housing and mortgages. The NAR started the week on a positive note with its Pending Home Sales Index released Monday. Pending home sales in March were higher with an unexpected increase of 3.40 percent over February for an index reading of 97.40.
FOMC Noted Retail Sales In March Reached Highest Level Since September Of 2012
The FOMC of the Federal Reserve released its customary statement after its meeting concluded April 30.
Four Places To Look For Tax Deductions In Your Home
Paying your income taxes each year leave your wallet a bit thin? There may be money hiding in your home that lessens your tax burden. Here are four places to look.
What’s Ahead For Mortgage Rates This Week – April 7, 2014
Last week’s economic news included readings on February construction spending and multiple reports on employment data. Private sector employment was higher in March, but The Bureau of Labor Statistics reported that Non-Farm Payrolls for March fell short of expectations.
S & P Case-Shiller Shows Home Prices Down For Third Consecutive Month
Harsh winter weather conditions contributed to home prices falling in January.
NAHB Housing Market Index Ticks Upward
Spring is almost here, and the National Association of Home Builders Housing Market Index (NAHB HMI) thawed slightly in March.
Case Shiller Price Index Shows Highest Year-Over-Year Gains Since 2006
The Case-Shiller 10 and 20-City Home Price Indices for October were released on December 31. Although home prices in most cities continued to show year-over-year gains,, the pace of home price appreciation is expected to slow in 2014.
What’s Ahead For Mortgage Rates This Week – January 6, 2014
The last week of 2013 brought relatively good news in view of the economic roller coaster rides caused by legislative impasse. A brief shutdown of federal government agencies, and nail-biting suspense over if and when the FOMC of the Federal Reserve would taper its quantitative easing program.
What’s Ahead For Mortgage Rates This Week – September 9, 2013
Last week was relatively calm due to the Labor Day Holiday on Monday little mortgage and housing related news. However, there were several positive indicators for overall economic conditions.