| Jul 11, 2011 5:11PM The primary mortgage market has been a roller coaster ride lately. Best Execution* quotes have been all over the place. Just 10 sessions ago, after setting new year-to-date lows, home loan borrowing costs started shifting in an unfavorable direction. Several instances of "spiking" were seen. Things got pretty hair there for a minute. It really looked like rates were about to erase a two-month rally. And then came a bucket of cold water..... The June Employment Situation Report. It was tough to find... Jul 11, 2011 12:22PM If the results of Fannie Mae's monthly national consumer survey accurately portray their attitudes, Americans appear to have increasingly realistic expectations of the housing market. Data from the June survey indicate that Americans are resigned to lower house prices and higher rents and have come to expect rock bottom interest rates. The Fannie Mae National Housing Survey polls 1,000 home owners and renters each month to assess their attitudes toward owning and renting a home, mortgage rates, homeownership...
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