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Are Mortgage Credit Conditions "Tight"? A statement in regards to credit condition in a Bloomberg article this morning on New Home Sales caught my attention and merits further investigation. Here is the statement in question: " Builder optimism has eased as well, reflecting still-tight credit conditions and limited availability of lots
± 18.2 ± 22.3 Year-over-year, the US is down, the South is down, the Northeast is down, and the West is down. Only the Midwest is up. And please note the exceptionally wide confidence levels for Midwest sales. The Census bureau adds these additional notes "Changes in seasonally adjusted statistics often show irregular movement.
Eli Rabett Eli Rabett Eli Rabett is a not quite failed professorial techno-bunny, a chair election from retirement, at a wanna be research university that has a lot to be proud of but has swallowed the Kool-Aid.
Visit link: Co-Signing a Loan is Risky Business For You, Your Family, Your Heirs, Even the Borrower: More Student Loan…
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People in EU Aged 25-34 Who Still Live With Their Parents; Highest Paid Public Employees by State; Many Other Interesting Maps Posted by Michael Shedlock at 5:17 PM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy