Monthly Archives: December 2006

Additional Indications that Housing Slump May be Leveling Off

Excerpts from The Daily Breeze Business Section Article 12/29/06″ “EXISTING HOUSE SALES TURN AROUND: Signs of the home market’s comeback may tie in with the increased consumer confidence.” “The U.S. economy is ending the year with a hopeful set of … Continue reading

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Interest Rate Update from HSH Associates

Excerpts from HSH Associates newsletter for week ending 12/22/06: Mortgage interest rates nudged higher this week, as the average for the benchmark 30-year fixed rate mortgage (FRM) climbed by four basis points (.04%) to finish the nation’s leading mortgage pricing … Continue reading

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Optimism is Rising on Housing Market

Excerpt from Los Angeles Times article in Business section 12/1/06: Data have a growing number of analysts saying the worst may be over for the sector. Although data released Thursday showed U.S. homes prices making their smallest quarterly gain in … Continue reading

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Interest Rate Update

Excerpts from HSH Associates Newsletter for the week ending 11/24/06: Little fresh economic data, left mortgage rates little changed at the close of this shortened week: the average 30-year fixed rate mortgage (FRM) shedded three basis points to close the … Continue reading

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