Tag Archives: HPI Forecast

Despite rates in the 3% range, potential homebuyers are finding high home prices continuing to outpace the benefits of lower borrowing costs, according to a new study.

Contrary to the fact that homes remain in demand, tight supply and a rise in listing prices are driving down mortgage application volume.

With home values still on the upswing, housing insiders are noticing what could be some troubling signs in the distance. How long the party will last in anyone’s guess.

A HPI Forecast shows low mortgage rates and increased home prices are on the horizon. The data for April 2017 was released Tuesday showing home prices up both in year-over-year and month-over-month. Increased buying activity was paired with low mortgage rates, which were at their lowest since November 2016.