Page 41 - Pce News Today

U.S. producer prices increased strongly in February, leading to the largest annual gain in nearly 2-1/2 years, but considerable slack in the labor ...

A top ranked economics and finance blog with a focus on the housing market

A top ranked economics and finance blog with a focus on the housing market

A top ranked economics and finance blog with a focus on the housing market

3/11/2021 08:57:00 AM CoreLogic® ... today released the Home Equity Report for the fourth quarter of 2020. The report shows U.S. homeowners with mortgages (which account for roughly 62% of all properties) have seen their equity increase by 16.2% year over year, representing a collective equity gain of over $1.5 trillion, and an average gain of $26,300 per homeowner, since the fourth quarter of 2019. As competition for the dwindling supply of for-sale homes drove prices up, average annual home...

A top ranked economics and finance blog with a focus on the housing market

A top ranked economics and finance blog with a focus on the housing market

A top ranked economics and finance blog with a focus on the housing market

At this point, no one should be surprised to hear that mortgage rates have moved significantly higher in 2021--especially in the past few weeks. ... Taking the big, scary rate spike as read, lets move on to wondering about what happens next. All too often in the past 2-3 weeks, theres been a glimmer of hope in the bond market (which dictates day-to-day mortgage rate changes) only for things to get even worse in short order. Weve reached another one of those "glimmer of hope" moments now as ra...

A top ranked economics and finance blog with a focus on the housing market