freddie mac: Home Price Decline...
- 06/08/10 06:50 AM
According to Freddie Mac announced on May 26, 2010 that its Conventional Mortgage Home Price Index(CMHPI) Purchase-Only Series for the United States registered a 1.1 % decline from the first quarter of 2009 to the first quarter of 2010. In the first quarter of 2010, the U.S. Index was down 2.1 percent (-8.0 percent annualized) relative to the fourth quarter, on a not-seasonally adjusted basis. House price measures tend to show a lot of seasonality, with values lower during the slow home-selling months of autumn and winter and higher during the greater-activity months of spring and summer. Examining year-over-year home-value changes largely controls for … (3 comments)
freddie mac: 5 Sensible Reasons to Refinance...and I'm NOT a Lender!
- 03/30/09 02:52 PM
I'm not a lender, but I know a good deal when I see one... 5 Good Reasons to Refinance Today are: 1) Eliminating Other Debt - If you have significant credit card debt the interest rates are astronomical. It may make sense to refinance and pay off that high priced debt. 2) Moving from an Adjustable Rate Mortgage to a Conventional Fixed Rate Mortgage - who wants to ride the roller coaster of uncertainty with monthly mortgage payments? No surprises with a fixed rate loan and rates are great! 3) Refinance High Interest Mortgage - If you bought your home … (1 comments)
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