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Case-Shiller: Home Prices Grow at Fastest Rate Since June 2014

Home prices continued to rise in September according to Case-Shiller National and 20-City home price index reports. According to the National Home Price Index, national home prices rose 0.70 percent month for the three months ending in September. The National Index regained its pre-housing bubble peak and surpassed it by 5.90 percent as of September. The 20-City Home Price Index rose 0.50 percent from August's reading. Analysts forecast a growth rate of 0.40 percent month-to-month. The 20-City Home Price Index indicates a home price growth rate 0f 6.20 percent year-over-year. The 20-City Index remained 1.50 percent below its peak in…
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Graduating With Student Loan Debt and Worried About Your Mortgage Prospects? You’re Not Alone

Did you recently graduate from college or university? If so, you may still be dealing with a financial hangover in the form of student loan debt. The vast majority of today's students have to borrow to invest in their education, which can affect financial plans once school is finished. In today's post, we will explore buying a home with a mortgage when still dealing with outstanding student loan debt. Your Situation Is Common, But Unique To You First, try to keep in mind that you are not alone. Many former students are moving on with life, working hard to build…
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What’s Ahead For Mortgage Rates This Week – November 27, 2017

Last week's economic reports included readings on pre-owned home sales, weekly reports on mortgage rates and new jobless claims and consumer sentiment. The weekly news cycle was shorter due to the Thanksgiving holidays on Thursday and Friday. Sales of Previously-Owned Homes Jump in October Sales of previously owned homes grew by 1.20 percent in October as compared to September's reading of 0.10 percent growth month-to-month and indicated a seasonally adjusted annual rate of 5.48 million sales. October home sales increased as inventories of available homes declined. There was a 3.90 months supply of homes in October as compared to a…
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