Home prices and mortgages keep rising, and it might get worse still

This marks three months of clear acceleration in the rate of growth at the national level, with annual HPA up from 2.4% in July and just 0.25% back in May, said ICE's Vice President of Enterprise Research Andy Walden.

There is modest opportunity in the refinance market although it is defying traditional analysis, according to ICE's mortgage monitor report.

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