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Howard Blum and
The Financial News & Information Service
800-273-9995


The delivery rate (the basis for most fixed rate loans in this country) for the past month

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There are no changes for
2013 conforming loan limits.

You can download a complete listing of all counties in the USA for their high-balance conforming loan limits by clicking here.
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Mortgage Bankers Association weekly new home loan
applications indices for the week ending 5/10/13

-Overall Index ~637.7: Down 7.3% versus W/E 5/3 &
Up 11.09% versus the same week a year ago.
-Purchase index: Down "about"4% versus prior week.
-Refinance index :Down
"about"
8% versus prior week.
(release date Wed. 5-15-13)


We must say "about" because the Mortgage Bankers Assn has chosen to shield the actual numbers from everyone for some obscure and likely ridiculous reason. They began to obfuscate the hard data for Purchase and Refinance activity beginning in May 2012.


LATEST PRE-OWNED HOME SALES:

March’s Annualized Sales Pace 4.92 million homes sold (Down 0.6% from Feb's 4.95 MM pace & Up 10.3% versus Mar 2012 pace of 4.46 MM)

NE Region 630,000 unit pace (Unchanged from Feb's 630,000 pace & Up 6.8% from Mar 2012’s pace)

Midwest Region 1.16 MM unit pace (Up 1.8% from Feb's 1.14 MM & Up 14.9% from Mar 2012’s pace)

South Region 1.95 MM unit pace (Down 1.5% from Feb's 1.98 MM & Up 12.7% from Mar 2012’s pace)

West Region 1.18 MM unit pace (Down 1.7% from Feb's pace of 1.20 MM & Up 4.4% from Mar 2012’s pace)

Release Date 4-22-13

LATEST NEW HOME SALES:

March’s Annualized Sales Pace 417,000 homes in contract (not closed) (Up 1.5% from Feb revised 411,000 pace & Up 18.5% from March 2012’s 366,000 pace)

NE Region 41,000 unit pace (Up 20.6% from Feb 34,000 pace & Up 32.3% from March 2012’s pace)

Midwest Region 51,000 unit pace (Down 12.1% from Feb 51,000 & Up 21.4% from March 2012’s pace)

South Region 215,000 unit pace (Up 19.4% from Feb 206,000 & Up 8.0% from March 2012’s pace)

West Region 110,000 unit pace (Down 20.9% from Feb 86,000 & Up 37.5% from March 2012’s pace)

(release date 4-23-13)




LATEST NEW HOUSING STARTS

April’s Annualized Starts: 853,000 units
(Down 16.5% from the revised 1,021,000 for March
and Up 13.1% from the 610,000 for April 2012)
Release date 5/16/13



NEW BUILDING PERMITS for
April were 1,017,000

Up 14.3% from the revised 890,000 for March
and Up 35.8% from the 749,000 for April 2012
Release date 5/16/13

Latest National Assn. of HOME BUILDERS' INDEX:

May 2013 Overall index = 44 (Up from 41 in Apr)
- Present Sales = 48 (Up from 44 in Apr)
- Plans to Buy in 6 Mos = 53 (Up from 52 in Apr)
- Buyer Traffic = 33 (Up from 30 in Apr)
Release date 5/15/13


Home Loan Interest Rates WEEKLY CLOSING LEVEL:
(as defined by the Freddie Mac delivery rate, the largest buyer and owner of fixed rate home loans in the United States.)

Week Ending 5/17/13 = 3.20%; Up 14 BP
from 3.06% for the week ending 5/10/13


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