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The PMI Mortgage Insurance Co. just revised its 2007 U.S. Market Risk Index (New Market, New Model, Mark F. Milner, Chief Risk Officer, PMI Mortgage Insurance Co., Summer, 2007) ranking the 50 largest metropolitan statistical areas by the likelihood that home prices will be lower in a couple of years. Riverside, Calif.; Phoenix; Las Vegas; ...
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What where mortgage interest rates (30 year conventional), oh, say 10 years ago this month? Don’t know? OK, here’s the answer: 7.94%. How about 15 years ago this month? Still don’t know? OK, here you go again: 8.67%. I was recently doing some research and stumbled upon on a very interesting (plain mind you, but interesting) web ...
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