In June, existing home sales decreased 1.7% from May and 2.2% from a year earlier. Although mortgages have become cheaper,
· The S&P CoreLogic Case-Shiller national home price index rose to an eighth consecutive record high in July, rising 5.9% year over year to 194.10..
Mortgage Tech Rundown: Calyx Software, Finastra and Optimal Blue Figure Technologies debuts sale lease-back product – In October, Figure Technologies entered the home equity space and launched its first-ever product, Figure Home Equity, a hybrid between a traditional home equity loan and a HELOC that allows.
according to last week’s S&P CoreLogic Case-Shiller report, as Seattle-area buyers look for less expensive markets. Tacoma.
Riverside County had the biggest price gain of five Southern California Counties, at 5.8%, with the median resale of a home up to. with a 3% increase, saw prices go to $544,170 from $528,550 last.
Mortgage applications surge on low interest rates Fannie Mae begins eviction moratorium next week The moratorium differs between the two GSEs. For Freddie Mac, it begins on Monday, December 17 and lasts until Wednesday, January 2. For Fannie Mae, the moratorium begins on Wednesday, December 19 and only applies to single-family dwellings and two- to four-unit properties.Mortgage applications decreased 4.3% from one week earlier although concerns over the global economy resulted in falling interest rates,
Home prices climbed 2.2% compared with a month earlier, according to the S&P/Case-Shiller 20-city home price index. Prices are still off 0.7% compared with May 2011, but that’s the lowest year.
According to today’s S&P/Case-Shiller Home Price Indices report, average home prices increased 1.3% in the month of April for both the 10- and 20-City Composites. This comes after seven consecutive months of falling home prices as measured by both indices.
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Home prices are rising twice as fast as both inflation and wages. January’s 5.4% year-over-year increase was slightly up from December 2015’s (downwardly revised) 5.3% pace of home price appreciation,
S&P/Case-Shiller released the monthly Home Price Indices for March ("April" is a 3 month average of February, March and April prices). This release includes prices for 20 individual cities, two composite indices (for 10 cities and 20 cities) and the monthly National index.
AAG launches jumbo reverse mortgage product AAG Launches New Jumbo Reverse Mortgage Product – American Advisors group (aag) today announced the launch of a jumbo reverse mortgage product that will allow borrowers the opportunity to borrow up to $3 million in loan proceeds. dubbed aag advantage, the new loan will enable qualified borrowers to obtain a reverse mortgage on properties.
· No shock: home prices up yet again in latest Case-Shiller Index Annual gains rose more gradually in June than in May, but prices are still up more.
Miami home prices rose 5.3 percent in May, year-over-year, dropping to the fifth lowest increase nationwide, according to the latest S&P CoreLogic Case-Shiller Index. Realtors report released on.
S&P CASE SHILLER. price increase in Vegas, 6.0% increase in Phoenix, and 5.6% increase in Tampa This can be a little confusing, but the two housing price indices serve different purposes. The FHFA.
Mortgage rates fell sharply throughout May and June. The average. home prices rose 3.4% annually in May, down from the 3.5% annual gain in April, according to the S&P CoreLogic Case-Shiller home.