Home builder confidence held firm this month, according to the National Association of Home Builders’ monthly Housing Market Index. September’s reading of 13 equaled a 17-month low.
All posts for the month September, 2010
As Homebuilder Confidence Stagnates, Deals Abound
Posted by Phil Denfeld on September 30, 2010
http://phildenfeldmortgage.com/2010/09/housing-market-index-september-2010.html
Case-Shiller Shows Slowing Growth In Home Prices… Two Months Ago
Home values “crept forward” in July. But not that it matters — the Case-Shiller Index is a better tool for economists than it is for homeowners. There’s 3 reasons why.
Posted by Phil Denfeld on September 29, 2010
http://phildenfeldmortgage.com/2010/09/case-shiller-index-july-2010.html
New Home Sales Unchanged In August; Market Stabilizing
The August New Home Sales was weaker-than-expected, but both Wall Street investors and Main Street economists are shrugging it off. The numbers were foreshadowed by weakening housing figures from earlier this summer.
Posted by Phil Denfeld on September 28, 2010
http://phildenfeldmortgage.com/2010/09/new-home-sales-august-2010.html
What’s Ahead For Mortgage Rates This Week : September 27, 2010
In back-and-forth trading last week, conforming mortgage rates bottomed out Wednesday before rising through Friday’s afternoon close. This week should be even more volatile.
Posted by Phil Denfeld on September 27, 2010
http://phildenfeldmortgage.com/2010/09/mortgage-rates-week-ahead-september-27-2010.html
Existing Home Sales Rebound In August, Give Hope For Autumn
Sales of existing homes in recovered in August, perhaps the result of a post-tax credit normalization.
Posted by Phil Denfeld on September 24, 2010
http://phildenfeldmortgage.com/2010/09/existing-home-sales-august-2010.html
Housing Starts Rise In August, But By Less Than The Headlines Report
The number of single-family Housing Starts rebounded in August, climbing 4 percent from July’s 14-month low.
Posted by Phil Denfeld on September 23, 2010
http://phildenfeldmortgage.com/2010/09/housing-starts-august-2010.html
A Simple Explanation Of The Federal Reserve Statement (September 21, 2010 Edition)
Today, in its 7th meeting of the year, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged.
Posted by Phil Denfeld on September 21, 2010
http://phildenfeldmortgage.com/2010/09/fomc-september-21-2010.html
The Federal Reserve Meets Today. Should You Lock Your Rate Before It Adjourns?
If you’re actively shopping for a mortgage, it may be prudent to lock your rate ahead of the Fed’s announcement today.
Posted by Phil Denfeld on September 21, 2010
http://phildenfeldmortgage.com/2010/09/fomc-meeting-lock-strategy-september-2010.html
What’s Ahead For Mortgage Rates This Week : September 20, 2010
Mortgage markets were highly volatile, yet relatively unchanged last week in back-and-forth trading on Wall Street.
Posted by Phil Denfeld on September 20, 2010
http://phildenfeldmortgage.com/2010/09/mortgage-rates-week-ahead-september-20-2010.html
Rent A Home Or Buy A Home : The Case For Both Sides
Is it better to rent a home, or to buy one? The answer may not be as clear-cut as you think. In this balanced, 3-minute joint interview from NBC’s The Today Show, you’ll hear the case for both sides.
Posted by Phil Denfeld on September 17, 2010
http://phildenfeldmortgage.com/2010/09/rent-or-buy-today-show.html
