Inflation and Mortgage Rates

There is no consumer price inflation to speak of – as of yet.  Even the expectation of future inflation rates remains low.  This is the key reason as to why mortgage rates remain at historically low rates and why...

REALTORS®’ Confidence Eased in September 2014

The REALTORS® Confidence Index decreased in September 2014 compared to August 2014, according to data from the September REALTORS® Confidence Index Survey:  http://www.realtor.org/reports/realtors-confidence-index. The index for single family homes dipped to 51 (60 in August).  The indexes for townhomes...

Final QRM: Good for Consumers and Private Capital

After nearly three years of deliberation, regulators have finalized an important rule that impacts housing.  The Qualified Residential Mortgage (QRM) rule avoids an onerous and costly down payment requirement for consumers and gives creators of mortgage backed securities one...

REALTORS® Confidence Index Survey: Highlights

REALTORS®’ assessment of market conditions  in September and their outlook for the next six months declined  in September compared to August and also for the same month last year , according to data from the  September 2014  REALTORS® Confidence...

The Latest Housing Starts (September 2014)

Homebuilders were busier in September, digging more dirt and ready to bring more new homes to the market.  But construction was tilted towards multifamily apartment units.  Single-family home construction still remains well below historical norms.  A housing shortage is...