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“Mortgage Rates Surge to Highest Levels in More Than 3 Years”

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“Mortgage Rates Surge to Highest Levels in More Than 3 Years”

From Matthew Graham at Mortgage News Daily: Mortgage Rates Surge to Highest Levels in More Than 3 Years Mortgage rates are in trouble. This will come as no surprise to regular readers. For the past few weeks, rates made several successive runs up to the highest levels in more than 9 months. It was...
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AIA: Architecture Billings Index increased in July, “Highest Mark Since 2007″

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AIA: Architecture Billings Index increased in July, “Highest Mark Since 2007″

Note: This index is a leading indicator primarily for new Commercial Real Estate (CRE) investment. From AIA: Architecture Billings Index Reaches Highest Mark Since 2007 The last three months have shown steadily increasing demand for design services and the Architecture Billings Index (ABI) is now at its highest level since 2007. As a leading...
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MBA: Mortgage Purchase activity highest since June

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MBA: Mortgage Purchase activity highest since June

From the MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey The Refinance Index decreased 2 percent from the previous week. The seasonally adjusted Purchase Index increased 2 percent from one week earlier. “Refinance applications declined somewhat last week although volume is still near three-year highs, and purchase applications increased to the highest level...
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Philly Fed Survey highest since January 1984

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Philly Fed Survey highest since January 1984

From the Philly Fed: March 2011 Business Outlook Survey The survey’s broadest measure of manufacturing conditions, the diffusion index of current activity, increased from 35.9 in February to 43.4 this month. This is the highest reading since January 1984. The demand for manufactured goods is showing continued strength: The new orders index increased 17...
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Freddie Mac survey shows mortgage rates at highest level since August

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Freddie Mac survey shows mortgage rates at highest level since August

Mortgage interest rates increased for the first time in two months to move away from historic lows while remaining considerably lower than a year ago. Freddie Mac said its Primary Mortgage Market Survey showed the average 30-year, fixed-rate mortgage rose to 4.39% this week from 4.17% a week earlier. The average rate for the...
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