Mortgage rates improved slightly last week., as economic news was a mixed bag with retail sales and housing starts coming in lower than expected, but home builder confidence in housing markets increased. Weekly jobless claims fell, and Fed Chair Ben Bernanke testified before the Senate, saying that ...
Last week's economic reports provided a mixed bag of results. On Monday, the Department of Commerce reported that construction spending increased by 0.40 percent in April and fell shy of the expected reading of 1.0 percent, but exceeded the March reading of -0.80 percent. Home Prices Increase Fastes...(1)
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