Top stories this week included news about the President, housing indexes, and interest rates.
New historically-low interest rates, positive builders indexes, and speculation and analysis of President Barack Obama’s housing policies were some of the top national stories this week on Houston Agent
- The 30-year FRM from Freddie Mac hit a new historical low this week, dropping all the way down to 4.12 percent. The previous low of 4.15 percent, on Aug. 18, was reported on by Houston Agent.
- It was a week of statistics for the National Association of Home Builders, as they released two important indexes: the Multifamily Production Index, that measures multifamily unit construction, and the unvealing of its new index, the First American Improving Market Index, which tracks metropolitan regions showing significant signs of growth.
- We also spent considerable time on President Obama, and rumors about his plans for th housing market (as it turns out, they didn’t amount to much).