Archive | May, 2013

Mortgage Rates Surge as Fed Tapering Fears Mount

Real Estate Mortgage

This post originally appeared in CNBC.  Worries the Federal Reserve may begin to slow its stimulus efforts sent mortgage rates last week to their highest level in a year, drying up demand for home refinancings, data from an industry group showed on Wednesday. The Mortgage Bankers Association said interest rates on fixed 30-year mortgage rates […]

1,982 Comments Continue Reading →

Home prices rose in 41 states and D.C. in the 1st quarter of 2013

Home prices rose in 41 states and D.C. in the 1st quarter of 2013

This post originally appeared in Economists’ Outlook Blog. FHFA (Federal Housing Finance Agency) price data shows that home prices across the United States rose 6.7 percent from the first quarter of 2012 to the first quarter of 2013. In 41 states and the District of Columbia prices were higher than the fourth quarter of 2012, […]

2,060 Comments Continue Reading →