Credit Crunch and Weak Employment Conditions Continue to Weigh on Housing Market |
|
Credit Crunch and Weak Employment Conditions Continue to Weigh on Housing Market The Mortgage Bankers Association’s Mortgage Purchase Index rose to 315.2 during the week ended August 2 from 309.5 in the prior week. According to the Mortgage Bankers Association, FHA loans accounted for a large part of the increase in the index, while applications for conventional mortgage loans declined. The four-week moving average of the Purchase Index at 330.0, the lowest since early-2003 (see chart 1),
Filed under: Fundamental
Latest Posts
- Big MacDaddy
- Daily Forex Technical Report - Risk Aversion Back as Stocks Tumble on Recession and Deflation Worry
- Currency Majors Technical Analysis
- Euro-US Dollar Surges on Bigger-Than-Expected Drop in US CPI Only to Drop Later on Risk Aversion
- EUR/USD Daily Outlook
- Daily FX Trade Analysis
- Foreign Exchange Market Commentary - Forex Trading, Currency …
- TopForex.info » Forex Trading Education - Forex Seminar - Forex …
- The Daily Forecaster
- USD/JPY Daily Outlook
- FOMC Minutes Show US Rate Cuts May Continue - Forex Trading …
- Reserve Bank of Australia Monthly Bulletin, Growth to Slow …
- GBPUSD might be forming a short term cycle top
- Daily Market Outlook
- Recent Recommended Trades