[Chart] FHA mortgage insurance boom in the works?

[Chart] FHA mortgage insurance boom in the works?

MBA notes impact of cutting MIPs

loanDepot officially files for IPO

Number of shares, price range to be determined

Did Sen. Corker violate SEC rules, Senate ethics by telling investors to short GSEs?

Made questionable remarks on CNBC regarding stocks
Lending / The Ticker

CHART: Home price growth over next 12 months

NAR predicts modest growth

Spring House
/ Print / Reprints /
| Share More
/ Text Size+

While home prices are still increasing, the pace has significantly slowed, hitting a 21-month low in July.

The National Association of Realtors projects home prices to increase over the next twelve months, with the median expected price increase at 3.4%.  

The pace varies across the nation, but the reasons behind the slowdown remain the same: difficulty to obtain a mortgage and a weak job recovery.

This map from NAR shows just how much home prices are expected to grow over the next year.

(Source NAR, click for larger image)


Source: NAR
Read full story

Recent Articles by Brena Swanson

Comments powered by Disqus