Home Prices Won’t Drop Anytime Soon

Home Prices Won’t Drop Anytime Soon
Home prices are up, and that’s not likely to change anytime soon—at least according to the recent Housing and Mortgage Market Review released by Arch MI on Tuesday.The report, which presents a state- and metro-level Arch MI Risk Index based on economic and housing market data, showed the likelihood of overall...
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Rise in Holiday Cheer … and Mortgage Rates?

Rise in Holiday Cheer … and Mortgage Rates?
Last month was not only high in Christmas spirit and morale, it also included an increase in mortgage rates. According to the latest Ten-X Residential Real Estate Nowcast, existing home sales have seen a month-over-month decrease, which due to rising mortgage rates.December sales will fall between seasonally adjusted annual rates of...
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