Applications came off a bit again yet year over year still very strong.
Highlights The purchase index posted a fourth straight weekly decline of 2.0 percent yet is still 26.0 percent above its year-ago level, in what is still one of the most telling measurements of this year's housing surge. The refinance index edged 0.2 percent higher in the latest week that saw the average rate for 30-year conforming loans edge to 3.02 percent from 3.00 percent.
This jobs number should ease some recession fears, although next weeks CPI will be a key indicator as we all know. Payrolls were up 372,00 better than expected with the unemployment rate remains at 3.
It is incredible the products the CME Group keep developing to efficiently manage risk. Coming in October they will be releasing products that lenders and other institutional financial market users wi
The CME in August will be introducing a new Lumber Futures Contract that is very beneficial to hedgers. Her are the highlights... New Lumber futures and options Launching on August 8* barcharts.com Th