| Oct 6, 2011 4:05PM Mortgage Rates continued higher today, removing 3.875% from Best-Execution status as most lenders and introducing the possibility of seeing 4.125%. That said, the buy-downs to 3.875% are still fairly cheap, so the rate is available if it you pay the extra buy-down costs (assuming that makes sense for your scenario) Tomorrow brings the high risk event of the week in the form of the Employment Situation Report. As we said yesterday, markets seem poised to move in either direction after that report... Oct 6, 2011 2:46PM Twenty-three metropolitan areas are now listed on the National Association of Home Builders (NAHB)/First American Improving Markets Index (IMI) released on Thursday. This is nearly double the 12 markets listed as improving when the first index was released in September. NAHB defines an improving market as one that has shown improvement for at least six months in housing permits, employment, and housing prices using indicators from the Bureau of Labor Statistics, Freddie Mac and the U.S. Census Bureau...
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