Here are today’s gold stock screens and data, along with cycle conditions and projections for gold and HUI index, and Chart of the Day...
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The article is an excerpt from the Wall Street Examiner Professional Edition Housing Update for subscribers. Scroll to the end for the subscriber link to the complete report. Housing data for this month suggests that the usual seasonal uptick in prices has ended. Data is mixed as to whether the seasonal decline that normally...
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Wednesday, August 31, 2011
MBA: Mortgage Purchase Activity "near 15-year lows"
by CalculatedRisk on 8/31/2011 07:13:00 AM
The MBA reports: Mortgage Applications Decrease in Latest MBA Weekly Survey
The Refinance Index decreased 12.2 percent from the...
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Two housing market indicators released over the last two days suggest that the market is making a seasonal peak at a weaker level than last year, but that the rate of decline is slowing. Mortgage purchase applications have been slipping in June following a small decline in the week ended June 17. They remain...
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So there was this big jump in mortgage purchase applications today. I thought to myself, “Hmmmm, I wonder how many will make it to closing. And I wonder what triggered the pop.” Pop is relative of course. Yeah, it was a 9% jump from last week, but the level is still 35% below last...
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