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As Homebuilder Confidence Stagnates, Deals Abound

Posted by Matt Hennessy on September 30, 2010 in Homebuilders

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.

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Case-Shiller Shows Slowing Growth In Home Prices… Two Months Ago

Posted by Matt Hennessy on September 29, 2010 in Case-Shiller Index

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.

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New Home Sales Unchanged In August; Market Stabilizing

Posted by Matt Hennessy on September 28, 2010 in New Home Sales

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.

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What’s Ahead For Mortgage Rates This Week : September 27, 2010

Posted by Matt Hennessy on September 27, 2010 in Weekly Review

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.

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Existing Home Sales Rebound In August, Give Hope For Autumn

Posted by Matt Hennessy on September 24, 2010 in Existing Home Sales

Sales of existing homes in recovered in August, perhaps the result of a post-tax credit normalization.

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Housing Starts Rise In August, But By Less Than The Headlines Report

Posted by Matt Hennessy on September 23, 2010 in Housing Starts

The number of single-family Housing Starts rebounded in August, climbing 4 percent from July’s 14-month low.

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A Simple Explanation Of The Federal Reserve Statement (September 21, 2010 Edition)

Posted by Matt Hennessy on September 21, 2010 in FOMC

Today, in its 7th meeting of the year, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged.

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The Federal Reserve Meets Today. Should You Lock Your Rate Before It Adjourns?

Posted by Matt Hennessy on September 21, 2010 in FOMC

If you’re actively shopping for a mortgage, it may be prudent to lock your rate ahead of the Fed’s announcement today.

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What’s Ahead For Mortgage Rates This Week : September 20, 2010

Posted by Matt Hennessy on September 20, 2010 in Weekly Review

Mortgage markets were highly volatile, yet relatively unchanged last week in back-and-forth trading on Wall Street.

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Rent A Home Or Buy A Home : The Case For Both Sides

Posted by Matt Hennessy on September 17, 2010 in Budgeting

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.

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