House prices have remained resilient, even in the face of fast-rising mortgage rates. That’s because the relationship between rising mortgage rates and home prices may not be as straightforward as many believe.
Tag: Mark Fleming
First American’s Mark Fleming: Why Higher Mortgage Rates Don’t Always Lead to Declining House Prices
House prices have remained resilient, even in the face of fast-rising mortgage rates. That’s because the relationship between rising mortgage rates and home prices may not be as straightforward as many believe.
First American’s Mark Fleming: Why Higher Mortgage Rates Don’t Always Lead to Declining House Prices
House prices have remained resilient, even in the face of fast-rising mortgage rates. That’s because the relationship between rising mortgage rates and home prices may not be as straightforward as many believe.
First American’s Mark Fleming: Why Higher Mortgage Rates Don’t Always Lead to Declining House Prices
House prices have remained resilient, even in the face of fast-rising mortgage rates. That’s because the relationship between rising mortgage rates and home prices may not be as straightforward as many believe.
Housing Market Reports: Continued Declines in Home Price Appreciation; Affordability Improves
Three end-of-month home price reports found appreciation declining in many parts of the country, along with increased affordability in many markets.
Home Price Report Roundup: More Rebalancing
Three reports show a continuing trend of slowly receding home prices, with some markets coming back to earth faster than others. Here’s a summary of those reports:
Home Price Reports: Monthly Gains Turn Negative
Annual home price appreciation, which flew along at a 20-percent pace for much of the past several years, appears to be grinding to a much slower pace going into 2023.
First American: Equity Buffers Remain Robust Despite Home Price Declines
First American Financial Corp., Santa Ana, Calif., said house-buying power has declined by nearly $150,000 from a year ago, driven by higher interest rates.
The ‘Great House Moderation’ Varies by Market
Reports from First American Financial Corp., Santa Ana, Calif., and Black Knight, Jacksonville, Fla., show the “Great House Moderation” accelerating, with some markets experiencing steeper slowdowns than others.
June Jobs Report Beats Estimates
Employment rose by 372,000 jobs in June, the Bureau of Labor Statistics reported Friday, a strong report despite rising inflation and economic uncertainty.