Wednesday:• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. • During the day, The AIA’s Architecture Billings Index for July (a leading indicator for commercial real estate). • At 10:00 AM, Existing Home Sales for July from the National Association of Realtors (NAR)....
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From Matthew Graham at Mortgage News Daily: Mortgage Rates Back in Line With 2017 Lows Mortgage rates moved lower today on a combination of factors.  Chief among these were headlines over the weekend concerning more North Korean weapons testing–specifically, a detonation of its largest bomb ever on Sunday followed by reports from South Korea of another...
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From the WSJ: Contracting Economy? What to Watch in Thursday’s Report on U.S. GDP Economists surveyed by The Wall Street Journal forecast it will show GDP contracted at a 0.6% annual rate in the first three months of the year. … Since the recession ended in June 2009, U.S. GDP growth has dipped into...
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