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THE ECONOMY.(TO THE POINT)
Mortgage applications fall again
Volume for the week ended Feb. 24 fell a seasonally adjusted 1.2% to 571.5, despite a dip in mortgage rates. Applications for home purchases fell 1.9%; refis gained 0.1%. Refinancings now take up 38.1% of all applications, edging down from the previous week. The share of adjustable rate mortgages fell to 28.3%. Adjustable rates have risen steadily over the past 2 years; fixed rates have stayed range-bound.
Home prices rose 12.95% in '05
Homes shrugged off higher interest rates and rising inventories during the 2nd half. Prices rose 2.86% in Q4 vs. Q3 for an annualized 11.4% gain, said the Office of Federal Housing Enterprise. Last year's 12.95% gain more than doubled the historical 6.4% average, said Bankrate.
Construction outlays miss views
Construction spending rose 0.2% in Jan. to an annualized $1.163 tril, far less than the 1.2% rise expected and despite warm weather in Jan. and a jump in the month's housing starts. Nonresidential spending gained 0.5%, mostly in communications ...
- Senator Kennedy Dedicates New Schepens Eye Research Institute Laboratories,...
- News wire article from: AScribe Medicine News Service Schepens Eye Research Institute March 30, 2005 700+ words
Byline: Schepens Eye Research Institute BOSTON, March 30 (AScribe Newswire...of the newly renovated Schepens Eye Research Institute, the largest and leading independent eye research institute in the world. He will be joined by...
- SCYNEXIS and Genecare Research Institute Sign Anti-Inflammatory Drug Discovery...
- Press release article from: PR Newswire December 8, 2003 700+ words
...SCYNEXIS Europe and GeneCare Research Institute Co Ltd in Kamakura, Japan, have...purification services to support GeneCare Research Institute's on-going work in the field...subsequent screening by GeneCare Research Institute. HEOS(TM) will also be used for...
- Albert Sjoerdsma retires, Walter M. Lovenberg named MDRI president. (Merrill...
- Press release article from: PR Newswire June 23, 1989 700+ words
...president of the Merrell Dow Research Institute, will retire on September 1, 1989...be given the title of Merrell Dow Research Institute president emeritus. Temple also...Cincinnati, headquarters of the Research Institute, later this summer. In commenting...
- The Sports Network & Strategic Research Institute Announce New Alliance to...
- Press release article from: PR Newswire December 17, 2002 700+ words
...organizer in the world, Strategic Research Institute, have joined forces to create and...sportsnetwork.com/) and Strategic Research Institute (http://www.srinstitute...found that partner in the Strategic Research Institute." "Strategic Research Institute...
- OPINION: K-State's Biosecurity Research Institute Would Enable Research...
- Press release article from: M2 Presswire December 19, 2008 700+ words
...OPINION: K-State's Biosecurity Research Institute Would Enable Research Programs to Transition...University as well as its Biosecurity Research Institute. The Biosecurity Research Institute in Pat Roberts Hall is a state-of...
- Agilent Technologies Works Together with The Fifth Electronic Research...
- Press release article from: Business Wire August 22, 2003 700+ words
...collaboration with The Fifth Electronic Research Institute of Ministry of Information Industry...center combines The Fifth Electronic Research Institute's prestige in electronic device...part of China. The Fifth Electronic Research Institute's aim is to accelerate the ...
- Eisai Research Institute Selects Synthematix's ARTHUR Suite; The innovative...
- Press release article from: PR Newswire March 9, 2004 700+ words
...management systems, today announced Eisai Research Institute has selected Synthematix's ARTHUR...its chemistry operations. "Eisai Research Institute conducted a year-long evaluation...identification at Andover, MA-based Eisai Research Institute. "We are counting on the ARTHUR...
- Diabetes Research Institute Foundation Teams Up With VitaZest(R) Vitamin &...
- Press release article from: PR Newswire September 12, 2006 700+ words
...12 /PRNewswire/ -- The Diabetes Research Institute Foundation and VitaZest(R) Vitamin...VitaZest sales will support the Diabetes Research Institute Foundation, a nonprofit organization...at the world-renowned Diabetes Research Institute (DRI) at the University of Miami...