forex4love Posted June 3, 2010 Report Share Posted June 3, 2010 Pending home sales hit a six-month high in April, data showed on Wednesday, but falling demand for home loans due to the expiration of a popular tax credit for buyers. Slowdown in home sales will be temporary, citing a broadening economic recovery, low mortgage rates and strengthening labor market. Data also showed planned layoffs at U.S. companies drifting back to pre-recession levels. The National Association of Realtors' Pending Home Sales Index, based on contracts signed in April, increased 6 percent to 110.9,the highest level since October and above expectations of a 5 percent rise. It was the third straight month of gains. But applications for loans to buy homes dropped last week for the fourth straight week, holding at 13-year lows, the Mortgage Bankers Association said Quote Link to comment Share on other sites More sharing options...
arnaudbzh Posted August 19, 2010 Report Share Posted August 19, 2010 http://www.forexfactory.com/ Quote Link to comment Share on other sites More sharing options...
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