Category Archives: Interest Rate

Mortgage Refis and Mortgage Application

Mortgage applications increased 1.3 percent from the prior week, according to the weekly report from the Mortgage Bankers Association’s (MBA). The Purchase and Refinance indexes increased 0.1 percent and 0.2 percent respectively. Refinance volume also climbed 1.3%, while the Purchasing … Continue reading

Posted in House Price, Interest Rate, Mortgage, Uncategorized, USA House price, usa real estate | Tagged , , , , , , | Leave a comment

Inflation and Oil Price

Inflation was likely to pick up to between 4% and 5% in the near term, and to remain well above the 2% target throughout 2011, boosted by the increase in VAT, higher energy and import prices, and some rebuilding of … Continue reading

Posted in Commodity Price, Consumer price Inde, Import Price, inflation, Interest Rate, Oil price, vat | Tagged , , , , , , , , , , , , , , | 1 Comment

Australian House Prices Returning to Trend in 2011?

The most recent (released Feb 1 2011) house price data positive trend for the eight capital cities. The Australian Bureau Statistics using a clustering approach. The property clustered based on specific attributes. The weights are at the cluster level, according … Continue reading

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Affordability

This post analyses the affordability as measured by Halifax and Nationwide. A recent article in the Guardian discusses the issue of house price to earnings ratio. The author surmises that house prices would have to fall by 25% to reach … Continue reading

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Earnings and House Prices

After having looked at the number of employees in the prior post, it seems prudent to review the relationship between price of labour or earnings with house prices. The last post, reported that changes in labour supply lagged house price … Continue reading

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Inflation and House Prices

The last blog post looked at interest rate and house prices (http://wp.me/pTU04-1S). Recall that the base rate is the main instrument of monetary policy used by the BOE. The primary purpose of the BOE is monetary stability. BOE defines monetary … Continue reading

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Swap Spread looks Coincident with Change in House Price

Follow on from the last blog; we continue to look at the relationship between base rate spreads and various interest rates. In this case it the spread between the rate on 2 year swap and Bank of England Base Rate. … Continue reading

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