Today, the Federal Housing Finance Agency (FHFA) released the latest results of their monthly house price index (HPI) showing that, nationally, home prices were flat at 0.06% since October but dropped a notable 4.42% below the level seen in November 2009. The FHFA monthly HPI are formulated from home purchase information collected from mortgages that have been sold to or guaranteed by Fannie Mae and Freddie Mac.
Labels: economy, fannie freddie, FHFA, housing collapse
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