The Coming Upward Pressure On Mortgage Rates In 2014

(This is an excerpt from an article I originally published on Seeking Alpha on November 26, 2013. Click here to read the entire piece.) On Monday (November 25, 2013) the National Association of Realtors (NAR) reported a fifth straight month of declining pending home sales. NAR chief economist Lawrence Yun projects that 2013 will end … Read more

The Housing Market Index: Strong Trends, Correlated Components, and A Weak Northeast

(This is an excerpt from an article I originally published on Seeking Alpha on November 19, 2013. Click here to read the entire piece.) The National Association of Homebuilders (NAHB) just released its November, 2013 report on builder confidence: the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). It showed no change from … Read more

Market Trends Continue To Swirl Inconsistently Around Rising Rates

(This is an excerpt from an article I originally published on Seeking Alpha on August 19, 2013. Click here to read the entire piece.) The mixed signals from financial markets continue as interest rates continue to climb. In fact, the steady rise in rates is the main feature within a swirl of inconsistent patterns. The … Read more