I think this is the beginning of a real housing recovery, if only because mortgage rates have fallen so much, with the 30-year fixed rate mortgage now just 3.6%
Tuesday, July 3, 2012
US house price inflation turns positive
Calculated Risk comments that the CoreLogic house price index (an alternative to the Case-Shiller index I talked about here has turned positive year-on-year, and the data are a month more recent than the Case-Shiller series.
I think this is the beginning of a real housing recovery, if only because mortgage rates have fallen so much, with the 30-year fixed rate mortgage now just 3.6%
I think this is the beginning of a real housing recovery, if only because mortgage rates have fallen so much, with the 30-year fixed rate mortgage now just 3.6%
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