Freddie Mac CEO: We will help increase mortgage lending

Freddie Mac CEO: We will help increase mortgage lending

Competition among two is still competition

MBA forecasts 7% origination jump in 2015

Predicts unemployment at 5.4% by end of next year

Fitch: Two-year run of home price growth is over

“Several markets are still overvalued”
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Top 9 cities for flipping houses

Profits are soaring in these markets

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San Jose

3. Oxnard-Thousand Oaks-Ventura, Calif.
Flipped price: $510,906
Average profit: $143,578
Number of flips: 197

2. San Francisco-Oakland-Fremont, Calif.
Flipped price: $621,380
Average profit: $154,130
Number of flips: 584

1. San Jose-Sunnyvale-Santa Clara, Calif.
Average profit: $166,287
Flipped price: $704,762
Number of flips: 202

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