| Feb 16, 2011 9:00AM The U.S. Census Bureau and the Department of Housing and Urban Development have released New Residential Construction statistics for January 2010. Housing Starts data estimates how much new residential real estate construction occurred in the previous month. New construction means digging has begun. Adding rooms or renovating old ones does not count, the builder must be constructing a new home (can be on old foundation if re-building). Although the report offers up single family housing, 2-4 unit... Feb 16, 2011 10:27AM The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending February 11th, 2011. The MBA's loan application survey covers over 50% of all U.S. residential mortgage loan applications taken by mortgage bankers, commercial banks, and thrifts. The data gives economists a snapshot view of consumer demand for mortgage loans. In a falling mortgage rate environment, a trend of increasing refinance applications implies consumers are seeking out lower monthly...
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