Mortgage rates barely ripple on poor sales report

- Politics, Business, Civil, History - Posted: 13th Jun, 2010 - 4:02pm

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Post Date: 13th Jun, 2010 - 4:02pm / Post ID: #

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Mortgage rates barely ripple on poor sales report

Mortgage rates barely ripple on poor sales report
Mortgage / Home Buyer News

Mortgage rates haven't moved much, if at all, in response to a report of rotten retail sales in May. Retail sales, excluding autos, fell 1.1 percent in May compared to the previous month. Economists and investors had expected a more modest drop, so this report was worse than expected. The year-over-year trend is positive, though: Retail
Source: Bankrate.com » Mortgages

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