Prospects Dim as Deadline Approaches for Housing-reform Bill
Market Watch | April 22, 2014
As U.S. lawmakers prepare to work on a bill next week that would overhaul the country’s housing-finance system, analysts say it’s becoming increasingly unlikely that the legislation will become law in 2014.
Mortgage Applications in U.S. Fell Last Week as Rates Climbed
Bloomberg | April 23, 2014
The Mortgage Bankers Association’s index decreased 3.3 percent in the period ended April 18 from the prior week, the Washington-based trade group reported today. The 2.6 percent decline in purchases marked the measure’s first drop in six weeks and ended the longest string of gains since November 2012.
Home Values in 20 percent of U.S. Housing Markets Headed for Record Highs Within a Year
Inman News | April 22, 2014
Home values in almost 20 percent of all U.S. metros will surpass their housing boom peaks over the next year, and affordability problems that have begun to affect a fraction of markets may spread to others over the next few years, Zillow reported.