DailyMarkets.com - US Mortgage Rates Jump While Consumer Confidence Rises

---

US Mortgage Rates Jump While Consumer Confidence Rises Posted: 31 May 2013 05:06 AM PDT This week mortgage applications decreased 8.8% for the third week in a row. One possible reason for this decrease might be the rise in mortgage rates as well as home prices in the US. Home prices have increased 10.9% within the last 12 months since March 2012, which is above the estimated increase of 10.2%. This increase in house prices is the largest we've seen since 2006. Consumer confidence has also increased this month to the highest level since 5 years ago, with consumers becoming … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

You are subscribed to email updates from DailyMarkets.com To stop receiving these emails, you may unsubscribe now.	Email delivery powered by Google
Google Inc., 20 West Kinzie, Chicago IL USA 60610