Home prices are trending back up.

Every major price index points to a housing market that has hit bottom and is moving in a positive direction. After thirty months of declining values, homes prices appear to be stable or appreciating in nearly every U.S. market. In August 2010, the median home price...

Rates are edging up

Below is a graph sent by a lender I work with regularly. Rates for 30 year fixed have been in the 4’s for quite a long time and they’ve been warning that they will edge up. Well today I see that the 30 year fixed has hit 5% (still historically low). as of...