| Jun 1, 2011 12:15PM The Census Bureau and Commerce Department have released Construction Spending data for April 2011. Residential construction spending includes remodeling , additions, and major replacements to owner occupied properties subsequent to completion of original building. It includes construction of additional housing units in existing residential structures, finishing of basements and attics, modernization of kitchens, bathrooms, etc. Also included are improvements outside of residential structures, such... Jun 1, 2011 5:55PM We are witnessing the second stage of a significant shift lower in home loan borrowing costs. While these secondary signs are encouraging, they are just another step in what might evolve into a sustained rally in the bond market. That second step toward toppling "The Wall" took place today as Best Execution mortgage rates benefited from continued fears that the economy is not recovering at the pace previously thought. READ MORE UPDATED CURRENT MARKET : The "Best Execution" conventional 30-year fixed...
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