On the surface, May’s Pending Home Sales Index looks terrible for housing. And, if you’re a seller, it just might be. But, if you’re a buyer, the story reads differently. Just consider the market conditions.
How Did The Housing Experts Fare On Their Home Prices and Mortgage Rate Predictions?
As 2009 was ending, the “experts” were busy making forecasts about the U.S. economy and what to expect in 2010. Were they right?
Home Price Improvement In 90% Of Cities
In reviewing the April Case-Shiller Index and its accompanying analysis, it appears that the housing market’s rebound is gathering momentum.
What is the Biggest Benefit or Reason for Buying a Home?
The biggest benefits to owning a home in the Inland Empire may not be the tax deduction, Home Appreciation, Payment Stability, or even Feedom of Ownership. I think it could be the memories that are made. What do you think?
What’s Ahead For California Mortgage Rates: June 28, 2010
California Conforming and FHA mortgage rates fell last week, extending a rate rally that dates to early-April. Mortgage rates have fallen to several, new, all-time lows during this period and last week was no different.
Should You Lock Your Mortgage Interest Rate Before The Fed’s Meeting This Week?
The Federal Open Market Committee begins a 2-day meeting today, its fourth scheduled meeting of the year, and fifth overall. There’s no expectation for the Fed to change the Fed Funds Rate but that doesn’t mean consumers should expect mortgage rates to remain unchanged, too.
What’s Ahead For California Mortgage Rates: June 21, 2010
Last week, California rates fell to all-time lows (again) Thursday. By Friday morning, though, pricing was worsening on profit-taking and in preparation for this week — a week that promises to be heavy on both data and rhetoric.