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Builder Confidence Trickles up to 10 Year High

by devteam September 16th, 2015

The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) ratcheted up another point this month continuing a steady rise in builder confidence in the new home market. The composite HMI rose to 62, its highest reading since

Mortgage Apps Continue Brisk, Possibly Mysterious Downtrend

by devteam September 16th, 2015

The Mortgage Bankers Association (MBA) reported that, as usually occurs during a holiday week, mortgage applications declined significantly during the week ended September 11. The business week was shortened by the Labor Day holiday on Monday and both

Investors: Low Rates Useful, Debt Acceptable, SSI Benefits are Unlikely

by devteam September 16th, 2015

Low interest rates are typically thought of as advantageous to borrowers but not so good, perhaps even harmful to investors. The Wells Fargo/Gallup third quarter Investor and Retirement Optimism Index survey however found that investors can benefit from

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