Tags: home
Underwater Loans Improving With Life Support Measures in San Bernardino
February 13th, 2013
in econ_news, syndication
Econintersect: We have provided analysis that one of the major headwinds to housing recovery is the negative equity (homes worth less than the outstanding mortgages). Liberty Street (New York Fed) has published a paper on the improvements in San Bernar… more »
Why is the 30 Year Mortgage Rate So High?
December 31st, 2012
in econ_news, syndication
Econintersect: The average thirty-year fixed-rate mortgage is now near its historic low of about 3.3%. However, the mortgage-backed-securities (MBS) market, where bundles of mortgage loans are sold to investors, have been even more dramatic. In fact,… more »
CoreLogic Sees a Stronger Home Rental Market in November 2012
November 14th, 2012
in econ_news, syndication
Per CoreLogic: "The single-family rental market remained very active this past summer, with increases in demand, tightening inventory and rising rents."
From CoreLogic's November MarketPulse report:
Nationally, rental leasing volumes were up seq… more »
For A Large Segment of Population - Renting A Home Better Than Buying
November 6th, 2012
in econ_news, syndication
Is it a surprise that for lower income families, renting actually is cheaper than buying? The table below is based on buyers in the 15% tax bracket.
The abstract of the Congressional Budget Office (CBO) study:
This paper illustrates how the diffe… more »
Corelogic: The Uneven Housing Recovery
September 13th, 2012
in econ_news, syndication
".... the majority of the most improved markets are in western markets, which peaked and bottomed earlier than many eastern and southern markets."
click on image to enlarge
.... a RESi score of 100 indicates a market where all three component… more »
