U.S. | EDGE Asset Management

Frank Nothaft According to Freddie Mac’s latest weekly Primary Mortgage Market Survey (PMMS), fixed-rate mortgages remaining near their 60-year lows as ongoing investor concerns over the European debt market kept Treasury bond yields low. The 30-year fixed averaged 4.09 percent,

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September 15, 2011

by Oriah

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60Year, Continue, Lows, Mortgages, Rates, Record, U.S.

Based on the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending September 9, 2011, mortgage applications increased 6.3 percent from one week earlier. This week’s results include an adjustment to account for the Labor Day holiday. The Mar

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September 14, 2011

by Oriah

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6.3%, Applications, mortgage, This, U.S., week

And the beat goes on with lack-luster U.S. job growth in August. The U.S. Bureau of Labor Statistics reported today that nonfarm payroll employment was unchanged (0% change) in August, and the unemployment rate held at 9.1 percent. The last time this occurred was in World War II (1945

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September 06, 2011

by Oriah

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1945, August, Growth, Happened, Since, U.S., Zero

Reuters – The U.S. government on Wednesday sued to block AT&T Inc’s $ 39 billion purchase of T-Mobile USA, citing concerns it will harm competition in the wireless market and lead to higher prices. Yahoo! News: Business News

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September 01, 2011

by Oriah

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AT&T's, block, moves, purchase, Reuters, TMobile, U.S.

According to the U.S. Census Bureau and the Department of Housing and Urban Development (HUD), sales of new single-family houses in July 2011 were at a seasonally adjusted annual rate of 298,000. This is 0.7 percent (±12.9%) below the revised June rate of 300,000, but is 6.8 percent (

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August 24, 2011

by Oriah

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Flat, Home, July, Relatively, Remain, Sales, U.S.

Frank Nothaft According to Freddie Mac (OTC: FMCC) latest Primary Mortgage Market Survey (PMMS), showed that mortgage rates, fixed and adjustable, reaching all-time record lows providing further incentive for those homeowners looking to refinance. The 30-year fixed averaged 4.15 perce

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August 20, 2011

by Oriah

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50Year, Lows, mortgage, Rates, Record, This, U.S., week

Despite ongoing economic unrest, port properties have enjoyed a stellar year. According to Jones Lang LaSalle’s third annual Port, Airport and Global Infrastructure (PAGI) report, commercial real estate in the markets surrounding the country’s seaports is leading the U.S.

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August 16, 2011

by Oriah

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2011, Continues, Estate, Industrial, Market, Overall, Real, Seaport, Trump, U.S.

According to the July 2011 STR/McGraw Hill Construction Dodge Pipeline Report, the total active U.S. hotel development pipeline comprises 2,990 projects totaling 323,070 rooms. This represents a 10.1-percent decrease in the number of rooms in the total active pipeline compared to July

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August 16, 2011

by Oriah

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Construction, Drops, from, Hotel, Last, Pipeline, U.S., Year

According to the U.S. Census Bureau and the Department of Housing and Urban Development (HUD), the new residential construction numbers for July 2011 are a mixed bag. Building Permits Privately-owned housing units authorized by building permits in July were at a seasonally adjusted an

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August 16, 2011

by Oriah

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down, Housing, July, Starts, U.S.

Reuters – At luxury department store chain Saks Inc , customers were buying more designer suits at full price. Yahoo! News: Business News

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August 16, 2011

by Oriah

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consumer, Reuters, Saks, show, split, U.S., WalMart, widening

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U.S. Mortgages Rates Continue To Set New 60-Year Record Lows

U.S. Mortgage Applications up 6.3% This Week

U.S. Has Zero Job Growth in August, Not Happened Since 1945

U.S. moves to block AT&T’s purchase of T-Mobile (Reuters)

New Home Sales in U.S. Remain Relatively Flat in July

U.S. Mortgage Rates Hit 50-Year Record Lows This Week

Seaport Real Estate Continues to Trump Overall U.S. Industrial Market in 2011

U.S. Hotel Construction Pipeline Drops 10% from Last Year

New Housing Starts in U.S. Down 5% in July

Saks, Wal-Mart show widening U.S. consumer split (Reuters)