ARAMCO Report - The Mother of ALL Mortgage Blogs!

ARAMCO Report - Thursday July 31, 2014

Posted by Mehran Aram on Thu, Jul 31, 2014 @ 17:07 PM

According the S&P Case Shiller survey covering 10 major U.S. cities, the home price index rose 9.4% in the year ended in May. Nationwide home price appreciation on a year over year basis is at the slowest rate since February of 2013. San Francisco and San Diego’s year over year figures decelerated by about 3 percentage points. Meanwhile mortgage rates were unchanged on mixed economic data. Conforming no point 30 year fixed rates average 4 1/4% with 15 year rates closer to 3 1/4.

And now for something completely different: Did you know that in Denmark, people eat about 36 pounds of candy a year? That’s the highest consumption of candy of any country.

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Topics: Aramco Report, and now for something completely different, San Diego, 30 year fixed rates, ARAMCO, Case Shiller, candy, Mortgage rates, S&P, Denmark