Tag Archives: Lack Of Confidence

Record Low Mortgage Rates, Rising Pessimism on Housing

The numbers don’t add up. Mortgage giant Freddie Mac reports the rate on the 30-year fixed hit a new record low of 4.12 percent, at the exact moment that cohort Fannie Mae released its August housing survey showing ever more … Continue reading

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Seen and Heard On Nantucket: A Lack of Confidence

Please forgive my absence last week, but I was on vacation with the family. We visited the island of Nantucket, where intrepid whalers once hunted surrounding waters in search of the mighty beasts’ precious oil, and where I spent a … Continue reading

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Struggling to Make a House Call on Confidence

Today’s report on consumer confidence, or the striking lack of it, is yet another sign that housing is going to be in a very sticky state for a while. It’s hard to say whether housing is weighing on confidence or … Continue reading

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Home Rentership Society

I spent this morning at a conference by Harvard’s Joint Center for Housing Studies. They released a survey showing one in four renters, low and middle income, are spending more than half their income on rent and utilities. That’s about … Continue reading

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Even Short-Term FHA Shutdown Will Hit Housing

I was hoping not to have to write this particular piece, but it seems I may have no choice, so here we go with housing. What happens to today’s housing market without FHA loans? Right now FHA loans are about … Continue reading

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