13.10.2011 - Real estate recovery pushed further out
Despite increases in mortgage rates last week, mortgage activity still rose and teased us with seemingly sustainable traction. Rising activity with higher rates, though just slightly increased, is but one of several subtle signs of revival to surface over recent months. Clearly, though, all is in flux currently, as the risk of economic shift into recession and the threat of increasing unemployment would surely stall and reverse any real estate renaissance..............................................Full Article: Source
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