Housing Starts

20
Jul
2015

What’s Ahead For Mortgage Rates This Week – July 20, 2015

  Market Outlook   0 Comment

Last week’s economic news included an encouraging report from the National Association of Home Builders, whose housing market index held steady with a reading of 60 in July. This was the 13th consecutive month for readings over 50, which indicate that more builders are confident about housing markets than those who are not. July’s reading was noteworthy as it was the highest since November 2005 prior to the recession.

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