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U.S. Home Prices See Biggest Jump in 7 Years - DailyFinance

U.S. Home Prices See Biggest Jump in 7 Years - DailyFinance | Simple Mortgage Tips | Scoop.it
U.S. home prices jumped 12.2 percent in May from a year ago, the most in seven years. The increase suggests the housing recovery is strengthening. (Will the surge in #home prices push you to buy -- or sell -- sooner?
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Spiking Mortgages Won't Derail Housing: Economist

Spiking Mortgages Won't Derail Housing: Economist | Simple Mortgage Tips | Scoop.it

Even with their recent rise, mortgage rates are still "incredibly low" by historical standards, so they will not halt the housing recovery, Trulia Chief Economist Jed Kolko told CNBC on Tuesday.


Via Russ Bergeron
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Russ Bergeron's curator insight, June 25, 2013 1:17 PM

Love all the dueling economists.

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Regulators Have Created a Mortgage Minefield - Wall Street Journal

Regulators Have Created a Mortgage Minefield - Wall Street Journal | Simple Mortgage Tips | Scoop.it
Wall Street Journal Regulators Have Created a Mortgage Minefield Wall Street Journal The first regulation came from the Department of Housing and Urban Development in March, and it said that mortgage lenders can be liable for violations of the 1968...
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Mortgage Applications Collapse To Lowest In 19 Months | Zero Hedge

Mortgage Applications Collapse To Lowest In 19 Months | Zero Hedge | Simple Mortgage Tips | Scoop.it
Once again it seems cash is king if the housing recovery is to continue. Despite the surge in prices that we saw yesterday that reflected the long-forgotten days before mortgage rates exploded, the housing recovery meme remains loud and proud.

Via Graham Jervis
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