105 posts on "Housing"
December 31, 2012
Why Isn’t the Thirty‑Year Fixed‑Rate Mortgage at 2.6 Percent?
As of mid-December, the average thirty-year fixed-rate mortgage was near its historic low of about 3.3 percent, or half its level in August 2007 when financial turmoil began.
November 29, 2012
Just Released: Press Briefing on Housing Conditions and the Economic Impact of Superstorm Sandy on the Region
At today’s regional economic press briefing, we provided an update on housing conditions as well as an initial assessment of superstorm Sandy’s economic impact on the region.
September 24, 2012
How Much Can Refinancing Reduce the Risk of Mortgage Defaults?
Improving the ability of homeowners to take advantage of prevailing low mortgage rates by refinancing has remained an active topic of discussion.
July 17, 2012
Just Released: Housing Checkup–Has the Market Finally Bottomed Out?
In this post, we examine a number of important housing market “vital signs” that collectively help to indicate the health status of local markets at the county level.
July 9, 2012
Location, Location, and Pacification: The Effect of Crime Reduction on Residential Property Value
In this post, we document the relationship between crime and house prices in the city of Rio de Janeiro, Brazil. One fully expects crime, as a public “bad,” to exert a downward force on prices; indeed, this is a common finding in the literature on amenity valuation.
July 6, 2012
Historical Echoes: The Creation of the Contemporary U.S. Mortgage
Residential mortgages, as they are known in the United States, are fairly modern creatures.
March 21, 2012
The Changing Face of Foreclosures
The foreclosure crisis in America continues to grow, with more than 3 million homes foreclosed since 2008 and another 2 million in the process of foreclosure.
February 22, 2012
Gulf War II Veterans Home Buyers Tax Credit
Over the next few years, large volumes of homes are likely to flow from foreclosure onto lenders’ balance sheets as “real estate owned,” or REO.
January 11, 2012
Why Mortgage Refinancing Is Not a Zero‑Sum Game
In a recent speech, New York Fed President William Dudley called for actions “to see refinancing made broadly available on streamlined terms and with moderate fees to all prime conforming borrowers who are current on their payments.”
January 4, 2012
Forecasting with Internet Search Data
Most economic data are released with a lag, sometimes quite a substantial one. Since the advent of regularly scheduled releases of economic data in the 1930s, a key challenge for economists has been to identify indicators that provide timely information about the release before it comes out—effectively, that “now-cast” its content.
Posted at 7:00 am in Exchange Rates, Forecasting, Housing, Regional Analysis, Unemployment | Permalink | Comments (4)
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