Finance Trade Twenty Four

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Finance Trade Twenty Four

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The new market reality in housing

Herald Tribune - Housing stocks are the canary in the coal mine for investment sectors dependent on discretionary spending. The historically low interest rates and booming housing markets of recent ye (full story)

• U.S. Home Loan Demand Falls, Interest Rates Rise

Turks.US - Last week, U.S. mortgage applications fell. According to an industry trade, this reflects a decline in home refinancing loans while interest rates climbed. The Mortgage Bankers Association (full story)