US Housing Market Continues to Outperform Expectations
Housing starts grew to almost 1.4 million units, more than 3%
Housing starts grew to almost 1.4 million units, more than 3%
Home sales grew over the last sixty days faster than it has in more than a decade
Charges are that he misled investors regarding the risks involved in the loans surrounding $1.42 billion in mortgage-backed securities
How can credit scores be so good when a downturn is increasingly likely?
After the housing bubble burst, consumers have been less willing to tap into equity on their homes
Volume was up 5% over the previous week thanks to long term interest rates falling again
Overall National Home Price Index rose over 3% in July
Fannie jumped 26% to $3.42 late Monday morning, Freddie Mac rose 25% to $3.22
An uncertain economy with no sense of urgency to lock in on a low rate leaves little incentive to move quickly
Moderate Income earners are likely priced out of the market, particularly in major cities