Rising Home Prices

Here is a good article stating Case-Shiller index reporting the biggest rise in home prices in 20 cities since 2006.

This echos what I've said recently in conversations with my clients.  My feel for the market is the worst is in our rear-view mirror and we are on the mend.  The bandage is still on the wound but hope for healing is running high.

http://www.bloomberg.com/news/2013-02-26/home-prices-in-20-u-s-cities-increase-by-most-since-2006.html



Brett

www.brettgrendahl.com
@brettgrendahl on Twitter

Market Turning

Watching the charts on mortgage-backed securities trading today it has the feel that the bond market is reversing its course.  This is good news for mortgage rates as it looks like momentum is shifting towards possible lower rates ahead.

It is still early.  I will be watching closely.  Check back here for regular updates if you are interested in what might be in the near future for mortgage rates.

BG

www.brettgrendahl.com
@brettgrendahl

Back from hiatus

HELLO!!!

Sitting here, late at night, and smiling as it feels great to be jotting down thoughts to share.

Why had I stopped?

Well, my prior employer had policy that prevented my running of the prior iteration of The Mortgage Manifesto.  The good news is a new work opportunity now opens up this door again.

So, expect to see more here soon with my sporadic musing of the long, strange trip I've had in mortgage finance and what it will take to navigate the changing seas ahead as regulatory development continue to alter this industry.

See you again soon!  -- Brett


www.brettgrendahl.com
@brettgrendahl onTwitter