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See what's happening with home values in more than 400 metropolitan areas with HSH's Home Value Tracker, just updated though the second quarter of 2022.

See what's happening with home values in more than 400 metropolitan areas with HSH's Home Value Tracker, just updated though the second quarter of 2022.

When do you predict the housing market to turn around?

Q: When do you predict the housing market to turn around?

A: There are already signs that pockets here and there are starting to recover; that said, many areas won't fully recover for years yet.

To help you follow these trends, we do provide regular outlooks for mortgages and housing. On a long-range basis, we wrote a 2012 Outlook which covers a range of topics, from what we think about home-sales trends to home prices and foreclosures (as well as bunch of other topics).

On a more near-term note, we have a regular Two-month forecast for mortgage rates; in it, we largely focus on economic issues which influence mortgage rates, but their effects on home purchases and refinances is almost always a component of the topics being discussed.

Each week, we write a weekly Market Trends newsletter. We cover the latest economic reports, including new and existing homes sales, the latest trends in mortgage rates, Fed policies and policy changes, housing market initiatives and lots more. You can stay up to speed by visiting HSH.com to read the latest edition or have it emailed to your inbox every Friday, free of charge.

There is no simple answer to your question, though. The health of a local real estate market -- even price support for a given property – depends upon very local factors such as jobs, schools, transportation networks and amenities like shopping and cultural events. It bears noting, though, that nothing lasts forever, even real estate downturns which are nearly unprecedented in length.

Ask the expert
Keith Gumbinger
Keith Gumbinger
Mortgage Expert
Vice President, HSH.com
About Keith: Mortgage market observer and analyst with 35 years experience... (more)
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Q: How are mortgage interest rates determined?
AUG 18, 2022
A:

Mortgage rates fluctuate from day to day, depending on a number of factors related to the economy and to choices made by investors. While some mortgage money comes from deposits held by banks and credit unions, most of the funds for borrowers come from investors in capital markets.

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Q: Will today's stock market influence tomorrow's mortgage rates?
AUG 16, 2022
A:

Mortgage rates are influenced by a variety of factors, rather than moving in lockstep with any one economic indicator. The stock market rises and falls for a wide variety of reasons, including global, economic and political issues, but as a broad rule of thumb, a rising stock market indicates optimism among investors about the economy.

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Q: Should I pay private mortgage insurance out of pocket or finance the cost?
AUG 12, 2022
A:

For the most part, this is a discussion about time. You should compare the total costs of the difference in the two interest rates over your given time horizon.

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