U.S. housing market gives mixed signals

June 1, 2012 - 01:00 PM
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The U.S. housing market keeps giving mixed signals. On Thursday, mortgage rates hit record lows. However, pending home sales and mortgage applications have declined. Home prices are rising at the same time.

Ingrid Beckles, former manager of the default asset management division at Freddie Mac, discussed the up-and-down numbers on Capital Insider.

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