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5. Fed Chairman Bernanke is arguing for fiscal conservatism as a means to achieve long term economic stability.

4. Job losses are down this month, but a half million people still got their pink slips.

3. Increasing mortgage interest rates are leading to a decrease in refinance applications.

2. Unsurprisingly, large homebuilders continue to feel the pain of a slow economy.

1. For anyone looking to buy a home, note that brand new homes rarely, if ever, provide the best deals.

This entry was posted on Wednesday, June 3rd, 2009 at 9:04 am and is filed under Mortgages. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.