Tag Archives: Case-Shiller Index

Case-Shiller Home Prices Take Off

The Mortgage Corner The July S&P Case-Shiller home price index shows home prices are in full recovery mode. Over the last 12 months, prices rose 12.3 percent and 12.4 percent as measured by the 10- and 20-City Composites in the … Continue reading

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Case-Shiller Home Prices, Consumer Confidence Continue Rise

The Mortgage Corner Housing prices continue to climb, but not as fast in the hardest hit areas of Las Vegas and some Florida cities. This is probably because mortgage rates have already risen 1 percent. But rates are no longer … Continue reading

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New-Home Sales Up, Delinquencies Down

The Mortgage Corner Lots of news today. New-home sales are surging, while mortgage delinquencies and foreclosures continue to drop. Consumer sentiment is also up sharply, maybe because housing prices are soaring according to both the S&P Case-Shiller and FHFA (for … Continue reading

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Housing Recovery Is For Real

The Mortgage Corner Those who doubt the real estate recovery aren’t paying attention to the latest sales’ data. We reported last week the Pending Home Sales Index, a forward-looking indicator based on contract signings, rose 0.3 percent to 106.0 in … Continue reading

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Pending Home Sales, Prices Continue to Rise

The Mortgage Corner Those who doubt the real estate recovery aren’t paying attention to the latest sales’ data. We reported last week the Pending Home Sales Index, a forward-looking indicator based on contract signings, rose 0.3 percent to 106.0 in … Continue reading

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Housing Prices at Seven-Year High

The Mortgage Corner The S&P Case-Shiller Home Price Index just reported home prices were accelerating strongly going into  a very strong April start to the Spring housing season. The Case-Shiller 20-city data show a very strong 1.1 percent monthly adjusted … Continue reading

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2013 Home Prices Soaring

The Mortgage Corner Housing prices are soaring, with both the S&P Case-Shiller Home Price Index 3-month average (for November, December and January) and FHFA conforming loan indexes accelerating. Mortgage delinquencies also continue to decline, which should help depleted inventories. The … Continue reading

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Mortgage Delinquencies Lowest Since 2008

The Mortgage Corner The delinquency rate for mortgage loans on one-to-four-unit residential properties fell to a seasonally adjusted rate of 7.09 percent of all loans outstanding at the end of the fourth quarter of 2012, the lowest level since 2008, … Continue reading

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Bernanke’s Fed Growing U.S. Economy

Popular Economics Weekly Right now, the Federal Reserve seems to be the only government agency focused on growing the economy. Washington has otherwise been focused on the sequester agreement, or how to further cut government spending. But such austerity measures … Continue reading

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Mortgage Activity Continues To Improve

The Mortgage Corner Increasing mortgage purchase and refinance activity, key forward looking indicators of our housing market, show 2013 should be a great year for housings’ continued recovery. The Mortgage Bankers Association reported its Refinance Index increased 4 percent from … Continue reading

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