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The Weekly Report (Week Ending 6/1)
Home price declines may already be over. The Case-Shiller index showed that national home prices increased for the 2nd-straight month, with most of the big cities posting gains. Meanwhile, good news on the debt ceiling and Fed commentary about potentially ‘skipping’ a rate hike in June helped send mortgage rates back below 7%. #housingmarket #realestatenews #housingmarketupdates #realestatemarket #mortgage #realestate #whatsupwithrealestate
The post The Weekly Report (Week Ending 6/1) first appeared on Ted Moseley, Realtor.