Tag 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

Sales-to-Inventory and House Prices Update

This blog updates Proprate’s charts titled Sales-to-Inventory and House Prices and extends the prior blog with the regional sales to inventory.  Chart.1 below illustrates the correlation of UK RICS sales-to-inventory ratio (SIR)  with that of house price inflation. Since our … Continue reading

Posted in Halifax House Price Index, House Price, Nationwide House Price Index, Property, Property Cycle, Real Estate, Sales-to-Inventory, UK Property | Tagged , , , , , , , , , | Leave a comment

UK Inflation

“There is a good chance that inflation will reach 5% later this year and it is more likely than not to remain above the 2% target throughout 2012, boosted by the increase in VAT, higher energy and import prices, and … Continue reading

Posted in Consumer price Inde, Import Price, inflation, Oil price, Uncategorized, vat | Tagged , , , , , , , | Leave a comment

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

Posted in Affordability, Great Moderation, Halifax House Price Index, House Price, Interest Rate, Mortgage, Property Cycle, Real Estate, UK Property | Tagged , , , , | Leave a comment

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

Posted in average earnings index, employment, Great Moderation, Halifax House Price Index, House Price, Interest Rate, Property, Real Estate, UK Property, Uncategorized | Tagged , , , , , , | Leave a comment

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

Posted in Central Bank, inflation, Interest Rate, Property | Tagged , , , , , | Leave a comment

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

Posted in Central Bank, House Price, Interest Rate, Property, Property Cycle, UK Property | Tagged , , | Leave a comment