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Howard Blum and
The Financial News & Information Service
800-273-9995

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Mortgage Bankers Association weekly new home loan
applications indices for the week ending 7/18/08
-Overall Index : 489.6 (Down 6.2% from 522.2)
-Purchase index : 335.6 (Down 6.7% from 359.7)
-Refinance index : 1,392.7 (Down 5.6% from 1,474.9)
(release date Wed. 7-23-08)



Latest Pre-Owned Home Sales reported by
The National Association of Realtors

May’s Annualized Sales Pace 4.99 million homes sold
(Up 2.0% from April’s revised 4.89 MM pace &
Down 15.9% versus May 2007 pace of 5.93 MM)

- NE Region 910,000 unit pace (Up 4.6% from 870,000)
- Midwest Region 1.16 MM unit pace (Up 5.5% from 1.10 MM)
- South Region 1.91 MM unit pace (Down 0.5% from 1.92 MM)
- West Region 1.02 MM unit pace (Up 2.0% from 1.0 MM)

Release Date 5-26-08

Latest New Home Sales reported by US Commerce Dept.
May’s Annualized Sales Pace 512,000 homes
(Down 2.5% from April’s revised 525,000 unit pace
&
Down 40.3% from May 2007's 857,000 unit pace)

NE Region 35,000 unit pace (Down 7.9% from 38,000 &
Down 57.8% from May 2007's revised 83,000 unit pace)

Midwest Region 82,000 unit pace (Up 5.1% from 78,000 &
Down 42.3% from May 2007's revised 142,000 unit pace)

South Region 281,000 unit pace (Up 0.4% from 280,000 &
Down 35.0% from May 2007's 432,000 unit pace)

West Region 114,000 unit pace (Down 11.6% from 129,000 &
Down 43.0% from May 2007's 200,000 unit pace)

(release date 6-25-08)




Latest New Housing Starts reported by H.U.D. & Commerce
June’s Annualized Starts: 1.066 MM units
(Up 9.1% from the revised 1,008,000 for May
and Down 26.9% from the 1.458 million for June 2007)
Release date 7/17/08

New Residential Permits for June were 1.091 MM
Up 11.6% from the revised 978,000 for May
and Down 23.9% from the 1.433 million for June 2007.
Release date 7/17//08



Latest National Assn. of Home Builders’ Index
July 2008 Overall index = 16 (Down from 18)
Present Sales = 16 (Down from 17)
Plans to Buy Within 6 Months = 23 (Down from 27)
Buyer Traffic = 12 (Down from 16)
Release date 7-16-08


Home Loan Interest Rates Weekly Closing Level
(as defined by the Fannie Mae delivery rate, the largest buyer and owner of fixed rate home loans in the United States.

Week Ending 7/18/08 = 6.35%
Up from 6.05% for the week ending 7/11/08


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