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What’s Ahead For Mortgage Rates This Week – February 28, 2022

February 28, 2022 by Rilian Ball

Last week’s economic reporting included readings on home prices from S&P Case-Shiller and the Federal Housing Finance Agency; data on pending home sales and sales of new homes were also released. The University of Michigan released its final February reading on consumer sentiment and weekly reports on average mortgage rates and jobless claims were also published. S&P Case-Shiller Home Price Indices: Home Price Growth Expected to Slow in 2022 December readings from S&P Case … [Read more...]

Filed Under: Financial Reports Tagged With: Case Shiller, Housing Market, Mortgage Rates

S&P Case-Shiller Indices: December Home Price Growth Hits Record High

February 24, 2022 by Rilian Ball

While U.S. home prices grew at record speed in December, rising mortgage rates threatened rapid price appreciation as buyers were sidelined by affordability concerns. S&P Case-Shiller’s National Home Price Index reported 18.80 percent year-over-year home price growth in December. The 20-City Home Price Index posted a year-over-year gain of 18.60 percent as compared to November’s year-over-year home price gain of 18.30 percent. Home prices rose by 1.50 percent from November to … [Read more...]

Filed Under: Financial Reports Tagged With: Case Shiller, Housing Market, Mortgage Rates

What’s Ahead For Mortgage Rates This Week – February 22, 2022

February 22, 2022 by Rilian Ball

Last week’s economic reporting included readings from the National Association of Home Builders on housing markets, reports on sales of previously owned homes, housing starts, and building permits issued. Weekly readings on mortgage rates and jobless claims were also released. NAHB: Rising Materials Costs, Supply Chain Problems Weigh on Builders The National Association of Home Builders’ February housing market index reading was 82 and one point lower than in JanuaThis was the … [Read more...]

Filed Under: Financial Reports Tagged With: Case Shiller, Jobless Claims, Mortgage Rates

Case-Shiller: Home Price Growth Slows in November

January 28, 2022 by Rilian Ball

S&P Case-Shiller Home Price Indices reported slower home price growth in November. Rising mortgage rates and high home prices sidelined first-time and moderate-income buyers and investors who fear buying at the peak of today’s housing markets only to face lower home values when home prices cool off. November’s National Home Price Index reported a year-over-year gain of 18.80 percent in home prices year-over-year. The 20-City Home Price Index, which, real estate pros frequently … [Read more...]

Filed Under: Financial Reports Tagged With: Case Shiller, Housing Market, Mortgage Rates

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Rilian Ball


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