FHFA: Housing Prices at January 2004 Levels
FHFA: Housing Prices at January 2004 Levels
FHFA: Housing Prices at January 2004 Levels
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June 23, 2011 (Jeff Alan)

The Federal Housing Finance Agency (FHFA) reports that home prices rose 0.8 percent from March to April according to the agency’s June House Price Index (HPI). Since the market’s peak in April 2007, the HPI has dropped 19.3 percent leaving prices at roughly January 2004 levels.

FHFA gathers its data by calculating purchase prices of houses backed by mortgages sold to our guaranteed by Fannie Mae and Freddie Mac. The data is then broken down into nine geographic Census Divisions.

Month-over-month, six of the nine Census Divisions experienced price gains and three experienced price declines. The Mountain Division had the worse price decline of 1.3 percent, while the New England Division experienced the largest price gain of 2.2 percent.

None of the nine Divisions experienced year-over-year price gains. The worse performing division was the Mountain division which saw prices drop 10.9 percent. The West South Central Division saw the smallest year-over-year price decline with a 0.7 percent drop.

Census Divisions:

Pacific: Hawaii, Alaska, Washington, Oregon, California

Mountain: Montana, Idaho, Wyoming, Nevada, Utah, Colorado, Arizona, New Mexico

West North Central: North Dakota, South Dakota, Minnesota, Nebraska, Iowa, Kansas, Missouri

West South Central: Oklahoma, Arkansas, Texas, Louisiana

East North Central: Michigan, Wisconsin, Illinois, Indiana, Ohio

East South Central: Kentucky, Tennessee, Mississippi, Alabama

New England: Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, Connecticut

Middle Atlantic: New York, New Jersey, Pennsylvania

South Atlantic: Delaware, Maryland, District of Columbia, Virginia, West Virginia, North Carolina, South Carolina, Georgia, Florida

FHFA HP June 2011

Tags: FHFA, home prices, HPI, census divisions, price gains, price declines

Source:
FHFA

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Loan Comparison

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Todays Mortgage
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June 23, 2011 (Jeff Alan)

The Federal Housing Finance Agency (FHFA) reports that home prices rose 0.8 percent from March to April according to the agency’s June House Price Index (HPI). Since the market’s peak in April 2007, the HPI has dropped 19.3 percent leaving prices at roughly January 2004 levels.

FHFA gathers its data by calculating purchase prices of houses backed by mortgages sold to our guaranteed by Fannie Mae and Freddie Mac. The data is then broken down into nine geographic Census Divisions.

Month-over-month, six of the nine Census Divisions experienced price gains and three experienced price declines. The Mountain Division had the worse price decline of 1.3 percent, while the New England Division experienced the largest price gain of 2.2 percent.

None of the nine Divisions experienced year-over-year price gains. The worse performing division was the Mountain division which saw prices drop 10.9 percent. The West South Central Division saw the smallest year-over-year price decline with a 0.7 percent drop.

Census Divisions:

Pacific: Hawaii, Alaska, Washington, Oregon, California

Mountain: Montana, Idaho, Wyoming, Nevada, Utah, Colorado, Arizona, New Mexico

West North Central: North Dakota, South Dakota, Minnesota, Nebraska, Iowa, Kansas, Missouri

West South Central: Oklahoma, Arkansas, Texas, Louisiana

East North Central: Michigan, Wisconsin, Illinois, Indiana, Ohio

East South Central: Kentucky, Tennessee, Mississippi, Alabama

New England: Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, Connecticut

Middle Atlantic: New York, New Jersey, Pennsylvania

South Atlantic: Delaware, Maryland, District of Columbia, Virginia, West Virginia, North Carolina, South Carolina, Georgia, Florida

FHFA HP June 2011

Tags: FHFA, home prices, HPI, census divisions, price gains, price declines

Source:
FHFA

FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateNetwork and the offers you have received, you've found the right product and the best rate.
HOW LOANRATENETWORK
LOAN CENTER WORKS
ADVANTAGES OF USING
LOANRATENETWORK
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.
Helpful Tools

June 23, 2011 (Jeff Alan)

The Federal Housing Finance Agency (FHFA) reports that home prices rose 0.8 percent from March to April according to the agency’s June House Price Index (HPI). Since the market’s peak in April 2007, the HPI has dropped 19.3 percent leaving prices at roughly January 2004 levels.

FHFA gathers its data by calculating purchase prices of houses backed by mortgages sold to our guaranteed by Fannie Mae and Freddie Mac. The data is then broken down into nine geographic Census Divisions.

Month-over-month, six of the nine Census Divisions experienced price gains and three experienced price declines. The Mountain Division had the worse price decline of 1.3 percent, while the New England Division experienced the largest price gain of 2.2 percent.

None of the nine Divisions experienced year-over-year price gains. The worse performing division was the Mountain division which saw prices drop 10.9 percent. The West South Central Division saw the smallest year-over-year price decline with a 0.7 percent drop.

Census Divisions:

Pacific: Hawaii, Alaska, Washington, Oregon, California

Mountain: Montana, Idaho, Wyoming, Nevada, Utah, Colorado, Arizona, New Mexico

West North Central: North Dakota, South Dakota, Minnesota, Nebraska, Iowa, Kansas, Missouri

West South Central: Oklahoma, Arkansas, Texas, Louisiana

East North Central: Michigan, Wisconsin, Illinois, Indiana, Ohio

East South Central: Kentucky, Tennessee, Mississippi, Alabama

New England: Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, Connecticut

Middle Atlantic: New York, New Jersey, Pennsylvania

South Atlantic: Delaware, Maryland, District of Columbia, Virginia, West Virginia, North Carolina, South Carolina, Georgia, Florida

FHFA HP June 2011

Tags: FHFA, home prices, HPI, census divisions, price gains, price declines

Source:
FHFA

HOW LOANRATENETWORK
LOAN CENTER WORKS
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateNetwork and the offers you have received, you've found the right product and the best rate.
ADVANTAGES OF USING
LOANRATENETWORK
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT
CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.