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Howard Blum and
The Financial News & Information Service
800-273-9995 (Please note, if you are calling from a restricted or blocked number our phone system will not take the call and hang up.)


The delivery rate (the basis for most fixed rate loans in this country) for the past month

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There are no changes for
2014 conforming loan limits.

You can download a complete listing of all counties in the USA for their high-balance conforming loan limits by clicking here.
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LATEST PRE-OWNED HOME SALES:

July’s Sales Pace 5.59 million homes sold Up 2.0% from June 5.48 MM pace & Up 10.3% versus July 2014 pace of 5.71 MM)

NE Region 700,000 unit pace (Down 2.8% from June & Up 9.4% from July 2014’s pace)

Midwest Region 1.32 MM unit pace (Unchanged from June & Up 10.9%from July 2014’s pace)

South Region 2.29 MM unit pace (Up 4.1% from June & Up 9.6% from July 2014’s pace)

West Region 1.28 MM unit pace (Up 3.2% from June pace & up 11.3% from June July’s pace)

Release Date 8-20-15

LATEST NEW HOME SALES:

May’s Sales Pace 546,000 homes sold (Up 2.2% from Apr. 534,000 pace & Up 19.5% versus May 2014 pace of 457,000)

NE Region 30,000 unit pace (Up 87.5% from Apr/ & Down 21.1% from May 2014’s pace)

Midwest Region 66,000 unit pace Down 5.7% from Apr & Down 12.0% from May 2014’s pace)

South Region 312,000 unit pace (Down 4.3% from Apr & Up 33.3% from May 2014’s pace)

West Region 138,000 unit pace (Up 13.1% from Apr & Up 25.5% from May 2014’s pace)

Release Date 6-23-15


LATEST NEW HOUSING STARTS
July’s Annualized Starts: 1,206,000 units
(Up 0.2% from the revised 1,204,000 for June
and Up 10.1% from the 1,095,000 for July 2014)
Release date 8/18/15



NEW BUILDING PERMITS for July were 1,119,000
Down 16.3% from the revised 1,337,000 for June
and Up 7.5% from the
1,041,000 for June, 2014
Release date 8/18/15

Latest National Assn. of HOME BUILDERS' INDEX:

Aug 2015 Overall index = 61 (Up 1)
- Present Sales = 66 (Up 1)
- Plans to Buy in 6 Mos = 7o (Unch)
- Buyer Traffic = 45 (Up 2)
Release date 8/17/15


Home Loan Interest Rates WEEKLY CLOSING LEVEL: (as defined by the Freddie Mac delivery rate, the largest buyer and owner of fixed rate home loans in the United States.)

Week Ending 8/14/15 = 3.46%; Down 3BP
from 3.49% for the week ending 8/7/15


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Economic Insights™ is the ultimate resource for, economic analysis, bond market and interest rate forecasting. Economic Insights is produced on a daily and weekly basis for subscribers. When you need to know the potential direction of bond yields, interest rates, the housing market, the economy and why they are headed that way, you need to subscribe to Economic Insights from The Financial News & Information Service. The forecasting and the perspectives of Howard Blum and The Financial News & Information Service have been heard and appreciated by many members of the news media, financial industry professionals, investors and members of the real estate industry since the late 1980's.

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