The Mortgage Applications index dropped to its lowest point in 8 years at the end of October. As of the week ended November 21 it had barely budged off that level. The bailout of Fannie and Freddie last summer had the opposite effect of what was hoped for, as spreads on Fannie and Freddie paper…
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Housing Market Update- Part One- Professional Edition
by Lee Adler • • 0 Comments
Due to the enormity of collecting and reporting all the data at one time, I’m trying something different this month. I will be posting the real estate update in sections as each is complete. We’ll start today with an update of the mortgage applications. That will be followed by a report in the demand side-…
