Posts Tagged ‘Federal Reserve’SPECIAL EDITION: Cirios Trends — A Decade in FluxIn this SPECIAL EDITION, check out: The State of the Markets: A Decade in Flux 10 years that were anything but boring.. Home Prices: A Much Needed Breather After a historic rise, an equally historic fall. Getting Back on Track: Are We There Yet? Many believe the bottom in housing has come and gone. Are [...] The State of the Markets: A Decade in FluxThis post first appeared in the SPECIAL EDITION: Cirios Trends: A Decade in Flux The books are officially closed on a decade which will be remembered for an historic real estate boom in the United States that busted in spectacular fashion, nearly taking the entire world financial system down with it. Of course, the real [...] Home Prices vs. Mortgage Rates: Let’s DanceThis post first appeared in the SPECIAL EDITION: Cirios Trends: A Decade in Flux << PREVIOUS It stands to reason that falling interest rates leads to higher home prices. After all, for every one percent drop in mortgage rates, buyers can afford around 10% more house. Against that backdrop, the chart below makes sense: After [...] New Mortgages … Rule!Below are some details on the Fed’s proposed new mortgage rules courtesy of Briefing.com: New final mortgage rules ban prepayment penalties if payment can rise in first 4 years. New rules create category of ‘higher-priced mortgages’ including virtually all subprime loans. Lenders must verify repayment ability from income, non-home assets for higher-priced mortgages. Lenders must [...] Lone Voice Calls for Intelligent Mortgage ReformWhile Congress deliberates on the future of the nation’s mortgage market, some within the government are calling for restraint in regulatory reform. Housingwire.com reports William Emmons, an economist at the St. Louis Fed, is calling for patience and social support as the clearest way to economic recovery. Emmons makes the argument that government intervention, particularly [...] |