Quicken Loans Capital Markets Update – Home Price Index Shows Improvement for 6th Month

Filed Under (Mortgages) by admin on 29-09-2009

Quicken Loans Capital Markets Update for September 29, 2009

Treasuries are moving lower this morning about the Case Shiller Home Price index showed an improvement for the sixth month in a broil in July. The index, which measures home prices in 20 major cities, is still down 13.3% on a year-over-year basis, but values declined less than previous months.

At 10 AM we have September Consumer Confidence, which is expected to increase from the previous month on improving economic conditions.

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