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If youre shopping for mortgage rates, the safe path is to lock what you can. Mortgage rates may fall this week, but what if they dont? Single-Family Housing Starts fell for the second consecutive month, dropping to a seasonally-adjusted, annualized 417,000 units in August 2011. A Housing Start is defined as a home on which your credit history Bowling Green ground has broken. We shouldnt put too much faith in the findings, however. Although housing starts were lower your credit history Bowling Green last month, as your credit history Bowling Green noted by the Census Bureau, themargin of error in the August Housing your credit history Bowling Green Starts report exceeded your credit history Bowling Green the actual result. check credit rating Therefore, Augusts Housing Starts may have actually increased by up to +8.9% from July, or it may have dropped as much as -11.7%. We wont know for sure until several months from now, after the Census Bureau has gathered more housing data.

One thing is certain, though the long-term trend in Housing Starts is flat. There has been little change in new home construction your credit history Bowling Green since last summer.

Considered a pre-cursor to Housing Starts, Single Family Building Permits climbed 2.5 percent with a minuscule Margin of Error of ±0.9 percent. best free credit report As is common in real estate, results varied by region: When permits are issued, 86 percent of your credit history Bowling Green them begin break ground within 60 days. Therefore, expect Housing Starts and new home inventory to rebound in your credit history Bowling Green the months ahead. And, with mortgage rates at all-time lows, homebuyer purchasing your credit history Bowling Green power in an around Simpsonville is higher than its been in history. If youre in the process of your credit history Bowling Green shopping for a home, talk with your lender to plan your mortgage budget. Tagged with Building Permits, Census Bureau, Housing Starts. a credit report

Wednesday, the Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent.