Standard & Poors released its Case-Shiller Index Wednesday. The report shows that, on a seasonally-adjusted basis, between December and January, home prices rose in more than half of the index’s tracked markets.
The strength of this month’s Case-Shiller report, however, should be put in ...
The FED officially ended there MBS Purchase Program today. Watch the breakdown and...
Starting Monday, April 5, 2010, getting an FHA mortgage will be more expensive for borrowers.
In new guidelines set forth earlier this year, the FHA announced plans to raise additional revenue and reduce the overall risk of its mortgage portfolio.
The changes include the following:
Increase Upfront...
Mortgage markets tanked last week, raising rates to their highest levels in a month.
Most of the losses occurred Wednesday in what was the worst 1-day mortgage market performance in more than 6 months. Even Friday’s rally could barely dent the losses. Most of the movement was tied to geopolitical...
Home values fell again in January, according to the Federal Home Finance Agency’s Home Price Index. Values were reported down 0.6 percent, on average.
We say “on average” because the Home Price Index is a national report. It doesn’t capture the essence of a local market , or even...
