Posts tagged "inflation"

Have Mortgage Rates Bottomed?

In the last few weeks 30 year fixed mortgage rates have risen rather sharply. As you can see from the graph to the left they have risen more than at any other time in at least the last year. Could this be the beginning of the end for our record low mortgage rates? Quite possibly.... Read more »

Will Inflation Bail Out Underwater Homeowners?

  Zillow just came out with their third quarter estimate of home values and according to their “Zestimates” about 1/3 of Chicago single family homes are underwater on their mortgages. A few caveats about this data. As I mention, it’s only for single family homes, which are a smaller part of the total housing market... Read more »