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2013
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Here is an interesting picture. The S&P/Case-Shiller House Price index showed prices in the 20 largest cities increased 13.3 percent annually in September, the highest year-over-year increase since February 2006. Yet, existing home sales have slowed a bit and pending home sales have been lower fo...
12/12/2013
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It is official. The Federal Housing Administration’s Office of Single Family Housing published Mortgagee Letter 2013-43 on Friday, December 6. This letter announced that on January 1, 2014, FHA will implement new Single Family loan limits for mortgages as detailed in the Housing and Economic Re...
12/12/2013
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We find it kind of interesting that the stock market continues to hit records at a time in which oil prices are moderating. Conventional wisdom tells us that the stock market rallies when the economy is getting stronger. A stronger economy causes higher demand for energy. That would cause oil a...
12/02/2013