Free Markets, Free People
Economic Statistics for 28 Nov 12
The following US economic statistics were announced today:
New home sales for October were well below expectations, at a 368,000 annual rate. September was also revised downward 20,000 to 369,000 annualized as well.
The MBA reports that mortgage applications fell -0.9% last week, with purchases up 3.0% but refinancings down -2.0%.