Monday, January 26, 2009

Unemployment, Housing Starts, Mortgage Rates

  • Last week, national housing starts fell 15.5% to the lowest since records were kept.
  • The number of people continuing to seek unemployment benefits rose to 4.6 million. A year ago 2.7 million people were receiving unemployment checks.
  • While mortgage rates are still incredibly low, they did creep back up over 5% after being below that for several weeks.

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