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It is a bi-annual bonanza of data for anyone in need of facts about housing in America and how people use it. The 2015 edition of the American Housing Survey (AHS), sponsored by the Department of Housing and Urban Development and conducted by the U.S. Census Bureau was released late last Friday. HUD calls the AHS "The most comprehensive survey of its kind ." It covers a variety of "core" housing topics, including the composition and quality of the nation's housing inventory, mortgages and other housing costs, and neighborhood conditions. Information of the physical characteristics of housing are extremely detailed, covering types of housing (69,000 people live on a boat or in an RV or van while 74.65 million of us reside in single family detached units), and their amenities, (number of rooms
Housing News
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It is a bi-annual bonanza of data for anyone in need of facts about housing in America and how people use it. The 2015 edition of the American Housing Survey (AHS), sponsored by the Department of Housing and Urban Development and conducted by the U.S... (read more)
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Rob Chrisman
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What does $1.38 million, uh, I mean $138 thousand, buy you in South Dakota ? (Of course the heating bill is $3,000 a month...) Buying it may be a little easier with the FHA reducing its annual mortgage insurance premium (MIP) by 25 basis points for m... (read more)
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Housing News
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Foreclosures are, at long last, approaching what CoreLogic says was the level in the pre-crisis environment . The company's November National Foreclosure Report puts the number of foreclosures completed during the month at 26,000, down from 35,000 in... (read more)
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MBS Commentary
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One day down and 2 more to go without meaningful economic data. That didn't stop bonds from having a good day yesterday, but the gains were largely driven by European trading overnight. Treasuries have been less keen to follow Europe in... (read more)
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MBS Commentary
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It was almost a wholly uneventful day for bond markets. If not for the fact that trading levels improved day-over-day, there wouldn't be much to talk about apart from technicals. For more on the relevant technicals , check out the Day Ah... (read more)
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Mortgage Rate Watch
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Mortgage rates were slightly higher today, but remain in much better shape overall when compared to the last month of 2016. In many ways, the new year marked a shifting of gears for rates, or rather, the bond traders whose actions dictate the day-to-... (read more)
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