Housing Mortgages Information

Home Prices Higher in August. Will Housing Continue to Stabilize?

October 27, 2009 – 8:12 am This month, the S&P Case Shiller Home Price Index continued to improve as prices in 17 of 20 metro cities increased in August, albeit at a slower pace than July. Overall, the 20-city index rose 1.2%, better than economist expectations for a read of +0.7% and the 10-city home price index increased at a rate of 1.3%. Year over year the 20-city index is 11.3% lower, again better than the market's expectation of -11.9%....(read more)