Thursday, November 10, 2005

Hedge the House

snip...

"The Chicago Mercantile Exchange, a financial marketplace dealing in the value of everything from interest rates and foreign currencies to pork bellies, has committed to offer trading next year in a category many consumers take personally: U.S. home prices.

Housing-price futures, based on the median home price in each of 10 U.S. cities, aren't being tailored for individual homeowners. But they may provide some protection for mortgage companies, home builders and anyone else with a large stake in residential real estate if housing values slide — while giving other investors a way into a lucrative market."

More...

2 Comments:

Blogger Richie said...

Too little too late.. in my opinion..

Kinda like buying health insurance after you've been diagnosed with life-threatening cancer.

-Richie

Thursday, November 10, 2005 9:15:00 PM  
Blogger Mortgage Center said...

Hi Thanks for your interesting blog. I also have a blog/site, covering mortgage calc related stuff. Feel free to visit my mortgage calc site.

Sunday, December 25, 2005 3:40:00 AM  

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