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Posts Tagged ‘ levels’ ’

“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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AAR: Rail Carloads decreased Slightly, Intermodal at Record Levels, in October

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AAR: Rail Carloads decreased Slightly, Intermodal at Record Levels, in October

From the Association of American Railroads (AAR) Rail Time Indicators. Graphs and excerpts reprinted with permission. If you care about total U.S. rail carloads, October 2017 was not a particularly good month — total carloads were down 0.1%, or 1,220 carloads, from October 2016. Average weekly total carloads in October 2017 (266,444) were the...
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Comments on Q2 National Delinquency Survey: About 2 Years until Normal Levels

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Comments on Q2 National Delinquency Survey: About 2 Years until Normal Levels

Earlier today the MBA released their Q2 National Delinquency Survey: Delinquency and Foreclosure Rates Decrease in Second Quarter One of the key questions for housing is when will delinquencies and foreclosures be back to normal? As Joel Kan, MBA’s Director of Economic Forecasting, said this morning: “Some states hardest hit by the crisis, for...
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Hotels: Occupancy Rate tracking pre-recession levels

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Hotels: Occupancy Rate tracking pre-recession levels

Note: We will probably see some impact on travel over the next week or two from the government shutdown. The data below is before the shutdown. From HotelNewsNow.com: STR: US results for week ending 28 September In year-over-year comparisons, occupancy rose 5.8% to 67.8%; ADR was up 8.3% to 5.47; and RevPAR increased 14.5% to...
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Hotels: Occupancy Rate tracking pre-recession levels

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Hotels: Occupancy Rate tracking pre-recession levels

Another update on hotels from HotelNewsNow.com: STR: Chicago tops weekly ADR, RevPAR gains Overall, the U.S. hotel industry’s occupancy rose 0.5% to 72.5%, its ADR increased 4.1% to 1.64 and its RevPAR grew 4.6% to .96. The 4-week average of the occupancy rate is close to normal levels. Note: ADR: Average Daily Rate, RevPAR:...
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FNC: “Foreclosure price discounts drop to pre-crisis levels”

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FNC: “Foreclosure price discounts drop to pre-crisis levels”

Some interesting data from FNC: Foreclosure price discounts drop to pre-crisis levels Though home foreclosures continue to be a challenge in many hard-hit markets, a report released this week by mortgage technology company FNC indicates the ongoing housing recovery should continue for the long haul. According to FNC’s Foreclosure Market Report, foreclosure prices have...
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Bankrate: Long-term mortgage interest rates at ‘ultra-low levels’

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Bankrate: Long-term mortgage interest rates at ‘ultra-low levels’

Mortgage rates remained mostly unchanged this past week, with the 30-year, fixed-rate mortgage remaining 4.5% for a second week. Even still, disappointing economic news kept rates well below 5% and significantly lower than the 6% mark that defined more stable economic times. The U.S. has not seen mortgage rates higher than 6% since late...
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