Tag: HPI
Conventional Interest Rates More Stable Than Its Home Prices
According to the Federal Housing Finance Agency (FHFA), mortgage interest rates during the month of October showed a 5 basis point increase for existing homes. Mortgage Interest rates newly built homes with a Conventional purchase loan on the other hand remains unaffected. The average effective rate for new home loans actually has been stable since […]
Sept. 2014: Home Price Index National Overview
According to Corelogic’s National Snapshot of Changes in home prices, all states show appreciation in the month of September. National home prices are expected to increase by 5.0% between September 2014 and September 2015. The home prices including distressed sales have increased to 5.6% in September 2014 when compared with September 2013. September marked the […]
