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Home Builders Report Higher Sales Levels In January
Homebuilder confidence in the market for newly-built, single family homes appears stable as the spring buying season gets underway.
Retail Sales Rise For 7th Straight Month; Mortgage Rates Worsen
If consumer spending is a keystone element in the U.S. economic recovery, a full-on rebound is likely underway. Retail Sales is higher for 7 straight months and is now at an all-time high.
What’s Ahead For Mortgage Rates This Week : February 14, 2011
According to Freddie Mac, mortgage rates made their largest 1-week jump in more than a year last week, tacking on 0.24 percent and bringing the average national 30-year fixed mortgage rate up to 5.05%. In some markets, rates are even higher.
Mortgage Rates Return To April 2010 Levels
As of this morning, mortgage rates are higher over 9 consecutive days, marking the longest mortgage rate losing streak in the last 6 years, at least.
Foreclosure Activity Drops Throughout The Most Foreclosure-Heavy States
Foreclosure activity is slowing. According to foreclosure-tracker RealtyTrac, the number of foreclosure filings dropped 17 percent on an annual basis last month. Monthly filings ticked higher 1 percent after a combined 23 percent decrease through November and December 2010.


