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So much so that home prices across the nation are rising at their fastest pace in more than six years. The latest data from s pcase schiller shows prices in 20 u. S. Cities in November Rose 5. 5 from a year ago. It was also the tenth month in a row that prices have increased, the longest stretch of gains since before the Financial Market started to crumble. Suzanne pratt takes a look at whether the housing recovery will continue. Reporter Mortgage Broker gary leib is taking a lot of calls these days even though the spring selling season is still a few months away. We are busy. Im busy with both refinances and purchases, always helping people to save money or get into a home with a really good Interest Rate. Reporter the activity in liebs office is a direct result o ....
A more normal Housing Market with home prices moving up faster than inflation. To be sure, challenges still remain, including ongoing foreclosures and the accessibility of mortgages. And there is also some concern about the recent rise in Mortgage Rates. The 30yearfixed is currently 3. 42 . Thats up slightly from 3. 31 in november, the lowest rate on record. If rates do edge up more than a quarter and start getting back into the fours and fives, i think its going to cause. Have many negative effects on the economy. Reporter however, if Mortgage Rates only move up slightly, thats likely to bring more buyers into the market. Thats because many people have been waiting on the sidelines for a signal the Housing Market has bottomed. Suzanne pratt, n. B. R. , new york. To ....
A more normal Housing Market with home prices moving up faster than inflation. To be sure, challenges still remain, including ongoing foreclosures and the accessibility of mortgages. And there is also some concern about the recent rise in Mortgage Rates. The 30yearfixed is currently 3. 42 . Thats up slightly from 3. 31 in november, the lowest rate on record. If rates do edge up more than a quarter and start getting back into the fours and fives, i think its going to cause. Have many negative effects on the economy. Reporter however, if Mortgage Rates only move up slightly, thats likely to bring more buyers into the market. Thats because many people have been waiting on the sidelines for a signal the Housing Market has bottomed. Suzanne pratt, n. B. R. , new york. To ....
Captioning sponsored by wpbt this is n. B. R. Tom good evening, everyone. Im tom hudson. Home prices continue to climb, marking their best gains since the recession began five years ago. Susie im susie gharib. Good evening. Amazon shares surge to new heights after hours despite an earnings miss for the Online Retail giant. Tom and ford motor is firing on all cylinders. As strong u. S. Sales help offset weakness in europe, we look at whats next for the u. S. Auto maker. Susie that and more tonight on n. B. R. Tom the u. S. Housing market is building an Even Stronger foundation. So much so that home prices across the nation are rising at their fastest pace in more than six years. The latest data from s pcase schiller shows prices in 20 u. S. Cities in November Rose 5. 5 from a year ago. It was also the tenth month in a row th ....
Captioning sponsored by wpbt this is n. B. R. Tom good evening, everyone. Im tom hudson. Home prices continue to climb, marking their best gains since the recession began five years ago. Susie im susie gharib. Good evening. Amazon shares surge to new heights after hours despite an earnings miss for the Online Retail giant. Tom and ford motor is firing on all cylinders. As strong u. S. Sales help offset weakness in europe, we look at whats next for the u. S. Auto maker. Susie that and more tonight on n. B. R. Tom the u. S. Housing market is building an Even Stronger foundation. So much so that home prices across the nation are rising at their fastest pace in more than six years. The latest data from s pcase schiller shows prices in 20 u. S. Cities in November Rose 5. 5 from a year ago. Was al theenth month ia row that prices ....