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Mtg purchase apps, House prices, Existing home sales

Summary:
Bad news for housing today- mtg purchase apps at the lows of the year, prices moderate, and existing home sales weak, so, as previously discussed, not looking like housing will be contributing to growth this year:

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Bad news for housing today- mtg purchase apps at the lows of the year, prices moderate, and existing home sales weak, so, as previously discussed, not looking like housing will be contributing to growth this year:

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WARREN MOSLER
Warren Mosler is an American economist and theorist, and one of the leading voices in the field of Modern Monetary Theory (MMT). Presently, Warren resides on St. Croix, in the US Virgin Islands, where he owns and operates Valance Co., Inc.

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