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Thu, 24 Jul 2014

Housing Market Sending Mixed Signals -Freddie Mac

Posted To: MND NewsWireFreddie Mac said today that its Multi-Indicator Market Index or MiMi for May is sending out mixed signals to the housing market. While more markets entered their stable range of housing activity, most markets remained stalled, just as they were in April, due primarily to we...
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Thu, 24 Jul 2014

MBS MID-DAY: Weakness Persists Despite Rotten New Home Sales Data

Posted To: MBS CommentaryTypically, negative economic data on the scale of this morning's New Home Sales would be a clearly positive factor for bond prices. Sales fell at their fastest pace since last July and last month's strong report was revised to mediocre levels. In one fell swoop , ...
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Thu, 24 Jul 2014

New Home Sales Decline from Downgraded May Numbers

Posted To: MND NewsWireNew homes sales retreated in June from the very strong performance reported for May; a performance that turns out to have been less strong. A joint release from the Census Bureau and the Department of Housing and Urban Development this morning put June sales of newly constr...
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