Clear Capital

Cash-In Refi Is The New Cash-Out Refi

Below are four current home U.S. price reports, beginning with today’s CoreLogic report. All show lower prices. This coincides with 2011 rate lows, which usually means borrowers can refinance—but not without home equity needed to qualify. Cash-out refinances were the definitive product of a boom era that went bust in mid-2006. Now it’s all about

Clear Capital: Double Dip In U.S. Housing (CHARTS)

Property valuation firm Clear Capital released their April 2011 home price report today showing national home prices are 0.7% below prior lows experienced in March 2009. They’re calling it a double dip. Below are key charts, and a link to the full report. Clear Capital knows a thing or two about valuation. Many Wall Street