Market levels off
Article Abstract:
The financial markets in 1995 have not been stable even when economic indicators showed healthy signs. Mortgage and interest rates have dropped and climbed several times appearing to be inconsistent with the stability of the economy in general. The volatility of interest rates affected the production and sales figures in the housing industry since it is the most interest-rate sensitive sector. The uncertainty in mortgage rates makes forecasting in the mortgage market more difficult.
Publication Name: Secondary Mortgage Markets
Subject: Economics
ISSN: 0740-4271
Year: 1996
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Annual house-price growth by state; annual house-price growth by census division; lender share of single-family conventional originations
Article Abstract:
Two tables on annual house-price growth are presented. The first table shows yearly growth by state from 1985 to 1996 while the second indicates growth statistics by census division, also between 1985 and 1996. The source of both tables is the Conventional Mortgage Home-Price Index. A third table that indicates lender share of single-family conventional originations is also presented. The US Dept. of Housing and Urban Development provides the data.
Publication Name: Secondary Mortgage Markets
Subject: Economics
ISSN: 0740-4271
Year: 1996
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National house-price appreciation strong in 1995 despite fourth-quarter slowdown
Article Abstract:
The appreciation of house prices in 1995 declined from an annualized rate of 6.1% to 4.3%. Still, the house-price appreciation in the fourth quarter of 1995 was more than five times the rate of appreciation in 1994. This increase was due to the sudden decline in mortgage rates that fueled demand. The Mountain census division showed the highest rate of appreciation at 7.3% and was lowest in the East South Central.
Publication Name: Secondary Mortgage Markets
Subject: Economics
ISSN: 0740-4271
Year: 1996
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