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WASHINGTON, Jan. 23 (UPI) -- A U.S. home price index rose 0.6 percent October to November, the Federal Housing Finance Agency said Wednesday.
The agency also revised its price gain from the previous month. Prices were up 0.6 percent in October, not 0.5 percent as previously reported for homes with mortgages backed by either the Federal National Mortgage Association or the Federal Home Loan Mortgage Corp., better known as Freddie Mac and Fannie Mae.
The U.S. home price index is at 15, 2 points below the peak hit in April 2007. From November 2011, however, prices rose 5.6 percent, the agency said.
Home prices have held even or risen each month since January 2011, FHFA said.
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WASHINGTON, May 9 (UPI) --
The U.S. government has an obligation to ensure that oil and natural gas deposits are developed responsibly, a natural resource advocate testified.
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CANBERRA, Australia, May 9 (UPI) --
Australia will hold defense spending at $100 billion over four years and remains committed to the purchase of the F-35 Joint Strike Fighter.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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