FHFA Monthly Home Prices: Aug

[mEDITate-OR:
assume that, much like with NAR's charts and data...
that FMae&FMac's new charts are also suspect
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While they have made some improvements, and may be more accurate than they were
you must remember that FMae&FMac still write over 85% of the RE mortgages for U.S.
(FHA has markedly increased their lending of low down payment RE loans)
The three together are almost the ONLY sources for new AND refinance mortgages.
So, this is what THEY think that they see.
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Unlike Case-Shiller, they see declining prices.
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FHFA Monthly Home Prices: Aug
http://paper-money.blogspot.com/2011/10/fhfa-monthly-home-prices-august-2011.html
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