Tag Archives: selma hepp

Fed pauses rate cuts, continues mortgage ‘quantitative tightening’

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Trump wants lower rates. Fed Chair Jerome Powell says he’s not spoken to the President, and that “we don’t need to be in a hurry to adjust the policy stance.” Continue reading →

US home prices rise modestly amid affordability strains

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CoreLogic Chief Economist Dr. Selma Hepp told Inman, “despite much-needed optimism, brought by a sharp decline in mortgage rates in August, the boost was short lived and not enough to renew homebuyers’ interest.” Continue reading →

US home prices tally biggest uptick of 2023 amid steep mortgage rates

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The S&P CoreLogic Case-Shiller National Home Price Index posted a yearly increase of 4.8 percent during October, their fastest annual rate increase of 2023. Continue reading →

Homebuyers seizing the day as mortgage rates continue to slide

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Demand for purchase loans picks up for fourth consecutive week, and bond market investors are pushing rates lower on hopes for Fed easing as inflation subsides. Continue reading →

US home prices near 2022 high as prices rise for fifth-straight month

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U.S. home prices rose to within 0.02 percent of an all-time high tallied in June 2022 as cities nationwide posted a fifth month of increases, according to data released Tuesday by CoreLogic and the FHFA. Continue reading →

Barbara Corcoran sees price growth of 10-15% once rates drop

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Barbara Corcoran told “Good Morning America” viewers on Wednesday that she doesn’t foresee prices dropping any time soon but could see them spiking once mortgage rates come down. Continue reading →

US home price growth plunges to lowest level in more than a decade

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Annual home price growth fell below 2 percent for the first time since 2012 as high prices and mortgage rates continued to inhibit buyers and sellers, according to data released Tuesday by CoreLogic. Continue reading →

Home prices ticked up in April as market faced a mixed bag

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One new figure shows home prices rose in April compared to March but fell year over year. Economists, however, are fairly upbeat. Continue reading →

Home price growth slows for 9th consecutive month in January

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Annual home price growth dropped to 5.5 percent in the first month of 2023, but fell just 0.2 percent month over month, according to data released Tuesday as part of the CoreLogic Home Price Index. Continue reading →