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• What's Ahead For Mortgage Rates This Week - June 17, 2013

  Last week's news was relatively quiet with no data significant to the mortgage lending released until Wednesday, when the federal government announced a $138 billion budget deficit for May. According to the U.S. Treasury this figure is 11 percent Read More... Posted Monday, June 17, 2013 1:12 PM by Bob Elliot | 0 Comments Filed under: Housing Analysis, mortgage

• Home Builders Hold Great Confidence For New Homes Over Next 6 Months

  The National Association of Home Builders (NAHB) Wells Fargo Housing Market Index (HMI) report for April shows that builder confidence slipped by two points to a rating of 42 from the March reading of 44. The Housing Market Index (HMI) measures home builder Read More... Posted Wednesday, April 17, 2013 7:58 AM by Bob Elliot | 0 Comments Filed under: Housing Analysis, nhab, home builders

• Surprisingly Strong Jobs Report May Affect Mortgage Rates

  Last week's jobs report -- a combination of the Department of Labor's Non-farm Payrolls Report and Unemployment Rate -- provided investors and job seekers with unexpected good news. Job growth for February handily exceeded most economists expectations Read More... Posted Wednesday, March 13, 2013 8:29 AM by Bob Elliot | 0 Comments Filed under: Housing Analysis, jobs report

• Building Permits Rising Nationwide; Housing Starts To Follow

  Single-Family Housing Starts fell for the second consecutive month, dropping to a seasonally-adjusted, annualized 417,000 units in August 2011. A "Housing Start" is defined as a home on which ground has broken. We shouldn't put too much Read More... Posted Friday, September 23, 2011 9:02 AM by Bob Elliot | 0 Comments Filed under: Housing Analysis

• Demand Is Rising, Supplies Are Falling : Home Prices Set To Rise?

  Home resales rose 4 percent last month, according to the March Existing Home Sales report. A total of 5.1 million homes were sold on an annualized, seasonally-adjusted basis. The strong results re-establish the national, long-term trend toward rising Read More... Posted Friday, April 22, 2011 12:49 PM by Bob Elliot | 0 Comments Filed under: Housing Analysis