Tag Archives: upward revisions

Home Prices Down 4% Over Past Twelve Months

The downward pressure on home prices is expected to continue through this year and few experts expect prices to increase substantially for the next three years. As long as unemployment and underemployment is high, there’s not going to be much … Continue reading

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Fannie, Freddie In Trouble

NEW YORK – U.S. mortgage market giants may report further downgrades to their forecasts for credit losses in their upcoming second-quarter results, starting next week. (Reuters) In the market’s view, Fannie Mae and Freddie Mac may not have enough capital … Continue reading

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