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Home prices posted another record decline in October, falling 18% compared with a year earlier, according to a closely watched report released Tuesday. The 20-city S&P Case-Shiller index has posted losses for a staggering 27 months in a row. In October, 14 of the 20 cities set fresh price decline...
12/30/2008
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This morning several important reports were released. In advance of the economic reports, the Mortgage Bankers Association released their weekly survey of mortgage application. Last week, applications jumped by 124.6% over the activity seen in the same week last year and up 48% over the previous...
12/29/2008