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Posts Tagged ‘ surge ’

“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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Fannie Mae: “Millennials … Are the Driving Force Behind the Recent Surge in Apartment Demand”

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Fannie Mae: “Millennials … Are the Driving Force Behind the Recent Surge in Apartment Demand”

From Patrick Simmons at Fannie Mae: Housing Myths, Debunked: Millennials, Not Baby Boomers, Are the Driving Force Behind the Recent Surge in Apartment Demand By far, the most important generational driver of apartment demand growth between 2009 and 2014 was the Millennials. Millennials have been reaching adulthood and entering the housing market in large...
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Gasoline Prices surge in California due to Refinery Problems

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Gasoline Prices surge in California due to Refinery Problems

Earlier on employment: • September Employment Report: 114,000 Jobs, 7.8% Unemployment Rate • Employment: Somewhat Better (also more graphs) • All Employment Graphs Last night I mentioned the soaring gasoline prices in California, here is an update from the LA Times: California facing new record high for gasoline prices The average price for a...
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PHH narrows 3Q loss as mortgage closings surge

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PHH narrows 3Q loss as mortgage closings surge

PHH Corp. (PHH: 20.07 0.00%) narrowed its loss in the third quarter to million, or 14 cents a share, from million, or 94 cents a share, a year earlier, as mortgage closings increased. Revenue for the three months ended Sept. 30 rose to 2 million from 7 million in the comparable period in  2009....
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