Manhattan’s Cloudy Rental Discounts

By Patrick   follow   Wed, 14 Nov 2012, 11:18am PST   ↑ Like   ↓ Dislike   205 views   0 comments   Watch (0)   Share   Quote  

http://www.ritholtz.com/blog/2012/11/manhattans-cloudy-rental-discounts/

After 5 weeks in a row of declines totaling 28%, notwithstanding historically low mortgage rates, the MBA said refi apps for the week rose 13.1% to a 4 week high. Purchase apps rose 11% also to a 4 week high. With the stabilization in housing a bright spot, albeit off dramatically low levels, lets hope this continues. Of note in Asia is the biggest one day decline in the yen in 2 mo's after the Japanese PM threatened to throw out Parliament and hold new elections where the opposition party LDP would likely win which could lead to an even...

#housing

Watch comments by email

home   top   share   link sharer   users   register   best comments   about   source code  

#housing   #investing   #politics   #economics   #humor  
please recommend patrick.net to your friends