The New York Times rambles, and mangles mortgages along the way

The New York Times rambles, and mangles mortgages along the way

Mortgage finance and mortgage regulation aren’t the paper’s strong suits

WATCH: Trulia stages haunted house for unsuspecting homebuyers

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Analysts: Price appreciation is here for the long haul

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Keefe, Bruyette & Woods (KBW) analysts remain bullish on housing even if the recovery is investor-fueled.

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Seasonally adjusted prices for the 10-city and 20-city S&P/Case Shiller home price indices rose 7.3% and 8.1% year-over-year, respectively, in January.

Lower-tier homes seem to be rising the most, up an average 2.1% month-over-month and 16.5% year-over-year, S&P revealed in its Case-Shiller data. Conversely, higher tier homes rose 0.9% month-over-month from December to January and 7.6% year-over-year, the same report said.

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In the graph below, provided by FNC, Mayer notes ()

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mhopkins@housingwire.com

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