For the first time in 9 weeks, mortgage rates have made new lows.
Housing Starts Move To 2-Year High
Wednesday, the U.S. Census Bureau reported Housing Starts for single-family homes up 5.5 percent in August to a seasonally-adjusted, annualized count of 535,000 units nationwide.
Homebuilder Confidence Rises Again; Tops 40
As reported by the National Association of Home Builders, the Housing Market Index, a measure of builder confidence, rose to a reading of 40 in September — its highest mark since June 2006.
Foreclosures Remain Concentrated In Just A Few States
According to foreclosure data firm RealtyTrac, foreclosure activity increased 1 percent in August as compared to the month prior, climbing to just above 193,500 units nationwide.
What’s Ahead For Mortgage Rates This Week : September 17, 2012
Mortgage markets improved last week as the Federal Reserve introduced new economic stimulus.
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