Have No Fear

Fed Action Shake Out Speculators, While Market Remains Vital

Vic McDonald Market Watch, Real Estate 0 Comments

A 1 percent increase in mortgage rates in June and July scared many homebuyers, and generated a growing belief the recovery was over because higher rates were ahead.

Steady as it Grows

Key indicator suggests Fed sensitivity to the housing recovery

Vic McDonald Market Watch, Real Estate 0 Comments

Home prices are higher, but there is concern that the Fed’s Quantitative Easing program might create another price bubble or that rising mortgage rates of the last few months will stop the housing recovery.