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new home construction: Home Builders Doubts About Economy Continue - Daily Mortgage Rate Update for July 20th, 2010 - 07/20/10 11:37 AM
Home starts down 5%; Corporate results disappoint - Daily Mortgage Rate Update for July 20th, 2010
We learned yesterday that builders of new homes and condominiums are not happy with the state of the makret for new home construction. Today, we saw exactly why, as new home consruction was reported to have declined further in June, 2010.
Corporate profits (or lack thereof) continue to dominate the direction of mortgage pricing, an today, two giants of the corporate world disappointed investors. Both Goldman Sachs and IBM failed to bring in enough revenue to meet market expectations, and as a result, stocks are … (1 comments)

 

Dan Hartman

Providence, RI

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Province Mortgage Associates - (401) 263-8655

Address: 10 Davol Sq, Providence, RI, 02903

Office Phone: (401) 490-4400 x 114

Cell Phone: (401) 263-8655

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Dan Hartman's Blog about mortgages, real estate, and the economy in New England, and the United States, especially Rhode Island Rates, Connecticut Mortgages, Massachusetts Rate Locks, and New Hampshire Home Sales. Let Dan leverage his MBA in Finance and experience as a college professor for you! Locations of visitors to this page Site Meter


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