As another signal of an improving U.S. economy, the nation’s biggest banks have started to loosen mortgage lending standards.
Analysts made bold calls at the start of the year about the housing and mortgage markets. How good were their predictions?
In May, for the second time in 3 months, the Pending Home Sales Index crossed the 100 barrier.
Cnn’s Money Magazine has ranked Indianapolis tops in the country for having the most affordable housing market. The annual report takes several factors into consideration, including median income, mortgage rates and real estate prices. The numbers read like this: Median home price: $102,000 (far below national avg) Median income: $66,900 Affordability score: 95.8% Indy edged […]
Foreclosures filings fell 5 percent between March 2012 and April 2012, and 11 percent as compared to one year ago.
For the fifth consecutive week, conforming 30-year fixed rate mortgage rates have dropped to new all-time lows.
The April New Home Sales report suggests that the market for newly-built homes is as strong as the market for existing ones.
Low mortgage rates are helping to make homes more affordable. It appears home buyers have taken notice.
Never before in recorded history have so many homes been affordable to households earning a moderate annual income.
The volatility of the real estate market in recent years has had a lingering effect on housing prices, available inventory, and the ratio of home buyers to renters. Nationally, housing prices are starting to rise, particularly in large metropolitan areas. A contributing factor is job growth, which has resulted in an increase in demand for […]