Census Bureau: 130.6 Million Housing Units in the US; 18.9 Million are Vacant
Posted To: MND NewsWireThe Census Bureau today released the Report on Residential Vacancies and Homeownership . This data covered fourth quarter 2009. From the release… National vacancy rates in the fourth quarter 2009 were 10.7 percent for rental housing and 2.7 percent for homeowner housing. The rental vacancy rate was higher than the fourth quarter 2008 rate (10.1 percent) and not statistically different from the rate last quarter (11.1 percent). For homeowner vacancies, the current rate was not statistically different from the fourth quarter 2008 rate (2.9 percent) or from the rate last quarter (2.6 percent). The homeownership rate at 67.2 percent for the current quarter was not statistically different from the fourth quarter 2008 rate (67.5 percent), but it was lower than last quarter’s rate (67.6 percent…(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.
MBS CLOSE: Late Day Lift For MBS But Treasuries Don’t Lie
Posted To: MBS CommentaryOK, so no one is really lying. It's just that MBS did not, in fact, adhere to their more narrow short-term range today. At least not as far as the prices themselves are concerned. But by the time the effects of volume, flows, and the clock are considered, it's a different story. In other words, as per usual, volume tapered off after mid-day and the buoyancy is in part a function of those thin conditions (because fewer trades comprise a bigger percentage of the activity, thus exerting inordinate forces on price). Factor that in with sellers having gotten their fill early and often, and there's not much for the indicated price to do, but move up. The reality of the pre-NFP range is much more realistically represented in the 10yr chart: The 10yr approached that inflectional area just…(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.
Buying Website Traffic
Buying Website Traffic “Buying Website Traffic,” it isn t at all bad as it sounds. There are two ways this can be done, and guilt-free. SEO (Search Engine Optimization) and SEM (Search Engine Marketing), these are considered two of the most important internet marketing methods available. Both can cost a sizeable amount of money but can effectively increase your website traffic. Search [...]
Market Overview October 12, 2007
Fall Home Maintenance Tips
Harsh winter weather can be hard on your home, and the cost of keeping a house warm during the winter months can be just as hard on your wallet. By checking your windows, doors and seals, looking for water leaks, having your heater and chimney inspected and taking care of minor maintenance issues, you can [...]
MBS MORNING: Data Recap. Outlook Unchanged for Mortgage Rates
Posted To: MBS Commentary"Rate sheet influential" interest rates are indeed higher on this first day of February 2010. Range bound choppy price action and the influence of the stock lever can be pointed out as our objects of frustration. Below is a recap of econ data. ISM surprised to the upside with the prices paid index moving up to 70.0 from 61.5 last month. Inflation hawks will have something to say about that warming price level index. The other inflation indicator, PCE, was +2.1% on a year over year basis but only +0.1% on a month to month basis. The +2.1 year over year isnt all that scary when you compare today's economic environment to last December's "WORST CASE SCENARIO" panic. The prices paid portion of the ISM data is a bit concerning, then again NYMEX crude oil prices rose into…(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.
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