DailyMarkets.com - US Home Sales Increase Thanks To Record-Low Mortgage Rates |
| US Home Sales Increase Thanks To Record-Low Mortgage Rates Posted: 27 Aug 2012 06:43 AM PDT With US home prices now a third lower than they were in their peak in 2006, it’s not surprising that many more houses were sold in July compared to a year ago. During the month of July, new home sales grew 3.6% to a seasonally adjusted annual rate of 372,000 compared to June, and if you compare it to a year ago, home sales rose 25.3%. This rise in home sales is largely due to near-record low mortgage rates. Not only have home sales prices increased in the last month, the amount of building … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards
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| Central Bank News Link List – Aug 27, 2012 Posted: 27 Aug 2012 04:38 AM PDT Here’s today’s Central Bank News link list, click through if you missed the previous link list. The list comprises news about central banks that is not covered by Central Bank News. The list is updated during the day with the latest developments so readers don’t miss any important news. Bundesbank chief: ECB bond buys could be addictive (MarketWatch)
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