Mortgage rates in US are revisiting the record low levels made in 2012. And it is expected that interest rates of all kinds would not be moving much higher at all in the foreseeable future.
Baker Hughes, one of the largest oil services companies in the world warned “challenging” condition of the oil industry going forward. It announced plan to cut 7,000 jobs, 12% of its worldwide headcounts
Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 376,480 units in November, down 5.3 percent from a revised 397,400 in October and down 3.4 percent from a revised 389,580 in November 2013
A quick look at the June ’14 Housing Starts… beginning of construction of a single or multi-family unit.
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