Tuesday, Fannie Mae and Freddie Mac unveiled lender instructions for the government’s revamped HARP program.
Tuesday, Fannie Mae and Freddie Mac unveiled lender instructions for the government’s revamped HARP program.
A strong spring season helped home values recover, says the government. According to the Federal Home Finance Agency’s Home Price Index, home prices rose a seasonally-adjusted 0.4 percent from April to May.
The Federal Home Finance Agency data had home values down 1.6 percent nationwide in February, on average, marking the fourth straight month in which prices fell.
Publishing on a 2-month lag, the Federal Home Finance Agency said home prices fell by 1.6 percent nationally in December. And that’s an average, of course. Some regions performed well in December as compared to November, others didn’t.