By Rob Chrisman

Posted To: Pipeline Press

Charles Dickens walks into a bar and asks for a martini. The bartender asks, “Olive or twist?” Some things have a clever twist, others not so much – and it is becoming increasingly hard to argue that values are not improving. Kroll Bond Rating Agency published a new research report titled “U.S. Real Estate Prices Show Signs of Rising Again.” Highlights of the report include single family home prices in most areas in the U.S. have started to rise again based on November indices and the 12 month projection published by Weiss Residential Research. The correlation between rates, new mortgage applications and prepayments has fragmented. The low interest rate environment has increased home prices and prompted sales of mortgages into the agency market but it’s not increasing lending. And attitudes…(read more)

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Written by : Mortgage News Daily

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