East Bay Real Estate, Doug Anderson, Tucker Associates Real Estate Services, 925.570.0611

Mortgage and Market Update Economic News...for the week trended to the positive. Continued good news in the housing sector dominated the reports. In 2012 we were able to see mortgage rates remain low as well as experience a rebound in our local housing markets. Low inventory, multiple offers and ...

Mortgage and Market Update Economic News:  2012 is rolling to an end and the news for this week was not “Naughty” but “Nice”. The Housing Market Index reported its 8th straight monthly gain and builders reported the best conditions in five years. Housing Starts were revised lower for the previous...

Mortgage and Market Update Economic News:  The major news of the week was the forward guidance issued by the FED regarding interest rates. The “exceptionally low” interest rate philosophy seemed to change from a specific timeframe to one that is tied to the employment picture. A target of 6.5% un...

Mortgage and Market Update Economic News: Another week of mixed data that trended more toward the positive than negative. The ISM Manufacturing Index was a little disappointing as it fell to 49.5. A reading greater than 50 marks expansion. Construction Spending results offset the weaker manufactu...