June 22, 2016

THE ECONOMY IS NOT GOING TO BE AN ISSUE:

Low mortgage rates boost U.S. home sales to nine-year high (LUCIA MUTIKANI, 6/22/16, Reuters)

U.S. home resales rose in May to a more than nine-year high amid low mortgage rates, pointing to sustained housing market strength that should keep the economy on solid ground.

The fairly strong existing home sales report on Wednesday added to retail sales and international trade data in painting an upbeat picture of the economy in the second quarter. 

Posted by at June 22, 2016 6:25 PM

  

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