In this edition of the Housing Market Update, now posted separately from the Fed Report, we look at the stunning collapse in purchase mortgage applications this week, and rise in the Homebuilders’ survey data. That dichotomy was expected, and we know just how to reconcile it. Click here to download the complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for thirty days. If, within that time, you don’t find the information useful, I will give you a full refund. It’s that simple. Click here for more information.
Join the conversation and have a little fun at Capitalstool.com. If you are a new visitor to the Stool, please register and join in! To post your observations and charts, and snide, but good-natured, comments, click here to register. Be sure to respond to the confirmation email which is sent instantly. If not in your inbox, check your spam filter.