Relevant:
- Mortgage Rates 11-18-10: 30 Year Fixed Interest Rates to 4.5%?
- Housing Needs to Fall 30% From Peak to Maintain Affordability
- Rising Foreclosure Rates Will Pressure US Home Prices Lower
- Mortgage Rates 12/2/10: Mortgage Rates Up Again After Early Rally
- Homebuilding Probably Increased in U.S. to Three-Month High
2008-08-13 — housingwire.com
``The research, authored by Christopher Mayer and Paul Milstein, professor of real estate and senior vice dean at Columbia, suggests that continued pressure in the mortgage market and the likelihood of a longer-term upward trend in mortgage rates will keep home prices falling nationwide.''
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