May Pending Home Sales Tumble to Record Low- AP
The number of buyers who signed contracts to purchase homes dropped in May to the lowest level on record, a sign the housing recovery can't survive without government incentives.
Mortgage rates drop to another low, 4.58 pct.- AP
The number of buyers who signed contracts to purchase homes dropped in May to the lowest level on record, a sign the housing recovery can't survive without government incentives.
Mortgage rates drop to another low, 4.58 pct.- AP
Create jobs assholes, lower taxes, do the opposite the adm has already done. Fire the FED.......come up with some new catch phrases.......brooms, pitch forks and TAR on sale...
I was thinking one more or so WHUMP....low enough to set up rally to set stage for test of 1040 which fails and see ya later.....OR PANIC as weak hands get worried how far it can fall....
How far? how about retrace of entire MArch 2009 rally as it's based on BS earnings with financials allowed to fantasy mark assets (housing related), and fantasy V shaped recovery...I mean have we had ANY recovery?
D
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