Last month’s sales of previously occupied homes are expected to be down sharply from November after prospective buyers were granted more time to take advantage of a tax credit. » Read more…
Tag Archives: economists
Ahead of the Bell: ISM manufacturing index
Posted by MORTGAGE BLOG NEWS on March 5, 2011
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Economists expect U.S. manufacturing activity continued to expand in February as the industrial sector benefited from exports and customers restocking inventories. » Read more…
Recession to benefit economy, predicts Kohn
Posted by MORTGAGE BLOG NEWS on March 4, 2011
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Don Kohn, the outgoing vice-chairman of the Federal Reserve, yesterday predicted that the recession would cause structural changes to Americans’ spending patterns and make the economy healthier over time. » Read more…
Unhappy couple: Falling mortgage rates and fading housing demand
Posted by MORTGAGE BLOG NEWS on March 3, 2011
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Mortgage rates look primed to go to new generational lows.
But if the housing-market recovery is fading, will another drop in loan rates be enough to rekindle demand? » Read more…
Last chance for a decent mortgage?
Posted by MORTGAGE BLOG NEWS on March 3, 2011
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Mortgages could become harder to obtain, so it might pay to act now. » Read more…