ARAMCO Report - The Mother of ALL Mortgage Blogs!

ARAMCO Report - Friday August 22, 2014

Posted by Mehran Aram on Fri, Aug 22, 2014 @ 17:08 PM

According to the National Association of Realtors, the national median sale price of an existing home year over year rose by 8.3% in the 1st quarter of this year. But in the 2nd quarter of 2014, year over year, home prices rose by only 4.4%. So there is definitely a significant decrease in the rate of home price appreciation. Meanwhile conforming no point 30 year fixed mortgage rates average 4 1/8th with 15 year rates closer to 3 1/8.

And now for something, completely different: Did you know that because of its tilt, the winter and summer seasons on Uranus last approximately 42 years each?

For more information on a home purchase, refinance, or a reverse mortgage, visit our website at www.ARAMCO.Biz or call me at (877) 700-0942.

This is Mehran Aram with today's ARAMCO Report.

Ask Mehran Aram

Topics: Reverse Mortgage, Aramco Report, and now for something completely different, home prices, home purchase, Uranus, Winter, Space, 30 year fixed rates, National Association of Realtors, existing home sales, Summer, Planets