The National Association of Home Builders reports that Q1 2011 Home Opportunity Index reached an all-time high for the second straight quarter last quarter.
Tag Archive: Home Affordability
Mortgage Rates Return To April 2010 Levels
As of this morning, mortgage rates are higher over 9 consecutive days, marking the longest mortgage rate losing streak in the last 6 years, at least.
Mortgage Rates Rise For The 7th Straight Day
Mortgage rates are rising. Homeowners have lost 10% of their purchasing power since November.
Retail Sales Weak In December; Home Affordability Gets A Boost
Mortgage rates are easing lower this morning on just-released, slightly worse-than-expected Retail Sales data from December 2010.
Pending Home Sales Index Points To A Budding Seller’s Market
The Pending Home Sales Index surged 10 percent in October as low mortgage rates and low home prices spurred buyers into action. The market looks different today, however.
Lakeland – Winter Haven Rank Among Florida’s Best for Home Affordability
The Lakeland – Winter Haven areas of Florida rank among the state’s best for home affordability.
For Clues About The Future Of Mortgage Rates, Watch For Inflation
If you’re trying to gauge whether rates will be rising or falling, one keyword for which to listen is “inflation”. Mortgage rates are highly responsive to inflation.
Florida Mortgage Update: As Anticipated, December Existing Home Sales Numbers Fall
Florida mortgage borrowers need to time the market, and when existing home sales show “soft” or declining numbers, home sellers may be willing to wiggle a bit on their sales price.
