New-home sales dived to a record low in January but stocks rallied as Federal Reserve chief Ben Bernanke eased concerns that the central bank will take the economy off life support too soon. » Read more…
Tag Archives: commerce department
New-Home Sales At Record Low In Jan.; Bernanke Soothes
Posted by MORTGAGE BLOG NEWS on March 5, 2011
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US consumer spending, income remain sluggish
Posted by MORTGAGE BLOG NEWS on March 4, 2011
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US consumer spending and income remain sluggish, fresh government data showed Monday amid a fragile economic recovery and unemployment concerns. » Read more…
U.S. MBA Mortgage Applications Index Rose 13.6% Last Week
Posted by MORTGAGE BLOG NEWS on March 4, 2011
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Mortgage applications in the U.S. rose by the most in seven weeks as the looming end of the homebuyer tax credit helped spark the biggest rise in purchases since January. » Read more…
Mortgage rates decline to lowest on record: Freddie
Posted by MORTGAGE BLOG NEWS on March 2, 2011
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U.S. mortgage rates fell in the latest week to the lowest on record and posted their ninth drop in the last ten weeks, Freddie Mac said on Thursday. » Read more…