More from FRE on Mortgage Rates This Week
First Published Saturday, 11 July 2009 from Need to Know News
"Lower mortgage rates are helping to support the housing market," said Frank Nothaft, Freddie Mac VP and chief economist. "The 30-year fixed-rate mortgage rate peaked this year over the week of June 11 and are now around a quarter of a percentage point lower this week. This has led to a 7.2 percent increase in conventional mortgage applications for home purchases by the last full week of June, according to the Mortgage Bankers Association."
- Dollar Rally reaches peak at noon; Concerted buying thru afternoon pull pair up to 1.3680 level
The Green back powered up around 8am after several attempt to climb thru 1.3725-30 failed and EUR sellers emerged....continued
- LEH files chapter 11 Re-Org w/ Bankruptcy Court
...continued
- VP Biden in Cinnci, OH - You are going to see NET PLUS JOBS THIS QUARTER - White House Pool Report
...continued
- Preview: Canadian Q4 Labour Productivity Seen To Climb 0.7%
Labour Productivity Q/Q: 0.7% Hourly Compensation Quarterly: 0.4% Unit Labour Costs Quarterly: 0.4% Q4 Labour Productivity for Canadian businesses is expected to increase to a 0.7% pace after retreating 0.2% in the previous quarter....continued
- Preview: February US Housing Starts & Building Permits
Preview: February US Housing Starts & Building Permits...continued
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