| Jul 24, 2012 12:35PM There was general agreement on the increase in home price levels in May in data released from by two different sources this morning. The Federal Housing Finance Agency's (FHFA) House Price Index (HPI) showed seasonally adjusted home prices up 0.8 percent from April to May and 3.7 percent over the last 12 months while Radar Logic's RPX Composite Price rose 0.7 percent from April and 2.6 percent year-over-year. On a non-seasonally adjusted basis the HPI was up over 1.5 percent in May. FHFA also revised... Jul 24, 2012 3:09PM Mortgage Rates moved slightly highe r today after falling sharply to new all-time lows yesterday. The end result is rates that are still noticeably lower than those seen last week and in some cases, not that far off from yesterday's offerings. Best-Execution for 30yr Fixed Conventional loans remains firmly at 3.5% with some lenders arguably at 3.375%. (Read More: What is A Best-Execution Mortgage Rate? ) Rather than attribute their movement to any domestic events today, bond markets mostly attended...
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