Wednesday, November 30, 2011

Home refinancing and multifamily demand on the rise: Biege Book

Home refinancing and multifamily demand on the rise: Biege Book: Economic activity increased at a slow to moderate pace across Federal Reserve districts, except the St. Louis district, which reported a decline, according to the latest Beige Book, based on anecdotes from business contacts and economists.
Overall bank lending increased slightly since the previous report, and home refinancing grew at a more rapid pace while residential [...]

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