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Fed Officials Debate Scaling Back Mortgage-Bond Purchases at Faster Clip

Fed Officials Debate Scaling Back Mortgage-Bond Purchases at Faster Clip

by Third Party | Jun 30, 2021 | Mortgage Information, News/Current Events

Source: The Wall Street Journal —  As Federal Reserve officials discuss how to eventually scale back their easy-money policies, they are debating whether to start by reducing purchases of mortgage-backed securities to avoid adding more fuel to the housing boom....
U.S. Housing Prices Jump the Most in More Than Three Decades

U.S. Housing Prices Jump the Most in More Than Three Decades

by Third Party | Jun 30, 2021 | News/Current Events

Source: Yahoo Finance —  U.S. home prices jumped the most in more than 30 years in April. Nationally, the S&P CoreLogic Case-Shiller index of property values climbed 14.6% from a year earlier, according to a statement Tuesday, the biggest gain in data going...
Housing Prices Are Going Up. Must They Crash?

Housing Prices Are Going Up. Must They Crash?

by Third Party | Jun 30, 2021 | News/Current Events

Source: Barron’s —  There are many reports of homebuyers getting into bidding wars and many cities where home prices have appreciated by well more than 10% over the past year. This naturally leads to a concern about market volatility: Must what goes up...
Lumber prices plummet as sawmills crank up output, easing inflation fears

Lumber prices plummet as sawmills crank up output, easing inflation fears

by Third Party | Jun 30, 2021 | Industry Updates, News/Current Events, Real Estate News

Source: Chicago Tribune —  From sawmills to store shelves to your own hammer swings, lumber can tell you a lot about what is going on in the economy right now. Lumber prices soared over the last year, frustrating would-be pandemic do-it-yourselfers, jacking up...
Homeowner Wealth Increases Through Growing Equity This Year

Homeowner Wealth Increases Through Growing Equity This Year

by Third Party | Jun 30, 2021 | News/Current Events, Real Estate Agent Tools

Source: Simplifying the Market —  Building financial wealth and stability remains one of the top reasons Americans choose to own a home, and as a homeowner, your wealth often grows without you even realizing it. In a recent paper published by the Urban...
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