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What’s Ahead For Mortgage Rates This Week – June 6, 2016

June 6, 2016 by Rilian Ball

Last week's housing related news was limited to Construction Spending and Freddie Mac's mortgage rates survey, but labor reports suggested an economic slowdown may be in the works. Construction Spending Slips in April, Mortgage Rates Mixed According to the Commerce Department, overall construction spending slipped in April to -1.80 percent as compared to March's reading of +1.50 percent and May's expected reading of +0.70 percent. Residential construction spending was 1.50 percent lower, which … [Read more...]

Filed Under: Financial Reports Tagged With: Construction, Financial Reports, Labor Reports

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Rilian Ball


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