| Nov 2, 2011 5:16PM Yesterday we noted that event in Europe were once again the dominant force moving markets, including the secondary mortgage market, albeit indirectly. In a true testament to that fact, today's FOMC Announcement (Fed rate decision, although it's not that markets are considering that the Fed might change rates, just waiting to hear what they have to say about other monetary policy decisions) did very little to move markets. Mortgage rates held steady to slightly improved. Today's Rates: BESTEXECUTION... Nov 2, 2011 5:18PM The Homeowner Vacancy Rate declined slightly in the third quarter while vacancies rose in rental housing according to information reported today by the U.S. Census Bureau. Rental vacancies are currently at 9.8 percent, up from 9.2 percent in the second quarter but 0.5 percent lower than one year earlier. Rental vacancies peaked in the third quarter of 2009 at 11.1 percent. What are termed homeowner vacancies, i.e. the proportion of the homeowner inventory that is vacant for sale, fell to 2.4 percent...
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