Currently viewing the tag: "Home Price Index"

Interest Rate Predictions | Week of January 24, 2011

On January 24, 2011 By

Mortgage rates worsened last week in a holiday-shortened trading week. For the second straight week, conforming and FHA mortgage rates increased.

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Home Values Rise 0.4% In August

On October 27, 2010 By

The government’s Home Price Index said home prices rose between July and August, which is consistent with the most recent Case-Shiller Index. The Federal Home Finance Agency’s data showed values up 0.4 percent nationwide, on average.

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Mortgage Rate Predictions | Week of October 25, 2010

On October 25, 2010 By

Mortgage rates squeezed out narrow improvements last week. After a mortgage rate rally during the Monday, Tuesday and Wednesday trading sessions, a sell-off on Thursday and Friday erased the gains.

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Interest Rate Predictions | Week of September 20, 2010

On September 20, 2010 By

Should the market develop any conviction, it is certainly more likely that mortgage rates would jump significantly rather than go down substantially. In handicapping these rates, there is just so much risk of interest rates moving higher and yet not much room for them to move lower.

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Home Values: Case-Shiller or Home Price Index?

On September 9, 2010 By

Think about that in context of Chicago mortgages. FHA is far and away the most condo-friendly product in the market these days. By excluding all but Fannie and Freddie loans, you’ve just excluded the majority of the recent condo sales in Chicago.

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90% of Case-Shiller Markets Improve in April

On June 30, 2010 By

As a Chicago mortgage lender, I don’t mind the cities on Case-Shiller’s list, but it is only 20 cities. It does nothing to help forecast the price of your lake home in southwest Michigan.

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Home Values Rise 0.3% in March 2010

On May 26, 2010 By

Still, for all of its flaws, the Home Price Index is watched because the government, banks and businesses all use the report as a very general forecast of the market. It’s just not related to the price that you will end up paying for that home.

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Home Values Lower In General, Different In Specific

On March 26, 2010 By

As expected, dropped a small amount in January, just 0.6% on average, according to the Federal Home Finance Agency’s ().

It’s “on [...]

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Home Values Up Another 0.7 Percent

On January 29, 2010 By

The Federal Housing Finance Agency reports with a delay of two months so we’re just now seeing the November data.

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When to become a first time home buyer? Now.

On January 29, 2010 By

First time home buyers should act now. The tax credit expires in 90 days. Home prices are moving higher. Mortgage rates are moving higher.

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