[Chart] FHA mortgage insurance boom in the works?

[Chart] FHA mortgage insurance boom in the works?

MBA notes impact of cutting MIPs

loanDepot officially files for IPO

Number of shares, price range to be determined

Did Sen. Corker violate SEC rules, Senate ethics by telling investors to short GSEs?

Made questionable remarks on CNBC regarding stocks

FHFA: August home prices down 0.1% from prior month

/ Print / Reprints /
| Share More
/ Text Size+
August home prices dipped 0.1% from July on a seasonally adjusted basis and fell 4% from year-ago levels, according to the Federal Housing Finance Agency. The federal regulator and conservator of mortgage giants Fannie Mae and Freddie Mac said its home price index is now 19% below peak levels of April 2007 and at a level last seen in February 2004. The August drop is the first monthly decline reported since March. Prices edged higher in the months heading into the summer season. Home price changes in August from July ranged from a drop of 1.3% in the West-North Central division to an increase of 0.9% in the South Atlantic region, according to the FHFA. Earlier Tuesday, the Standard & Poor's/Case-Shiller index showed August home prices inched higher 0.2% from the prior month. Write to Kerri Panchuk.

Recent Articles by Kerri Panchuk

Comments powered by Disqus