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Home Prices Show Positive Growth But Slowest In Ten Years

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Home Prices Show Positive Growth But Slowest In Ten Years

It's not exactly like waiting for Christmas or the first day of summer vacation, but we do look forward to the release of our favorite housing report each quarter; the Office of Federal Housing Enterprise Oversight (OFHEO) House Price Index.

The HPI for the first quarter of 2007 was released on Thursday and showed a price appreciation that was 0.5 percent higher than in the fourth quarter of 2006. This is the lowest quarterly appreciation recorded since...
...

Published Fri, Jun 06 2007 7:00 AM by Glenn Setzer

Filed under: home prices, Freddie Mac, Fannie Mae, hpi, ofheo house price index

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Mortgage Rates:

30 Yr FRM 3.88%
|
15 Yr FRM 3.25%
|
Jumbo 30 Year Fixed 4.14%

MBS Prices:

30YR FNMA 4.5 106-20 (-0-06)
|
30YR FNMA 5.0 108-01 (-0-05)
|
30YR FNMA 5.5 108-30 (-0-03)

Recent Housing Data:

Mortgage Apps -1.01%
|
Refinance Index 0.83%
|
NAHB Builder Confidence 16.00%

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