Morning Report – Toll Brothers reports home price appreciation is moderating 12/10/14
Markets are weaker this morning as oil (and oil stocks) continue to fall. WTI is trading at $62.20 after OPEC revised its 2015 forecast. Bonds and MBS are flat. Mortgage Applications rose 7.3% last week. Purchases were up 1.3% while refis were up 13.2%. Don’t bust out the champagne quite yet, we are still basically … Continue reading Morning Report – Toll Brothers reports home price appreciation is moderating 12/10/14
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