Home prices continue to rise across the U.S., but the - TopicsExpress



          

Home prices continue to rise across the U.S., but the year-over-year gains are somewhat declining after the big gains seen in 2013. Legendary fund manager Jeffery Gundlach, whose $32B Total Return Fund (DBLTX), which specializes in mortgage bonds and has beaten 97% of similarly managed funds, has recommended to bet against exchange traded funds that tracks homebuilders. In a recent survey, nearly half of lenders say mortgage demand is weak as credit standards tighten.
Posted on: Tue, 06 May 2014 15:29:18 +0000

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