Home values were reported unchanged in November 2010, on average, according to the Federal Home Finance Agency’s Home Price Index.

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With 2010 coming to a close, the “experts” are out in full force, making predictions for next year’s housing and mortgage markets on business television and in the papers.

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The number of single-family Housing Starts increased in November, adding 30,000 units as compared to October.

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November marked the first time since February 2009 that the number of monthly foreclosures filings failed to surpass 300,000 units.

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it’s a fantastic time to be a Philadelphia home buyer where 66.3 percent of all new and existing homes sold in the third quarter were affordable

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The Pending Home Sales Index surged 10 percent in October as low mortgage rates and low home prices spurred buyers into action. The market looks different today, however.

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Loan-level pricing adjustments are mandatory loan fees based on a borrower’s specific default risk.

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So long as mortgage rates remain rock bottom, the autumn season is looking like a terrific time to buy.

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According to the Commerce Department, the number of single-family Housing Starts increased to 452,000 units in September, a 19,000 improvement over August.

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Overall, buyers are being drawn into housing by low mortgage rates, affordable homes, and ample supply. If the August Pending Home Sales Index is foreshadowing the fall housing market, home prices appear slated to rise.

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