Items Tagged with 'decrease'

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Notable and Quotable: US Housing Recovery

The Mortgage Bankers Association yesterday lowered its forecast for combined new and existing home sales in 2014 to 5.28 million -- a decline of 4.1 percent that would be the first annual drop in four years. The group also cut its prediction on mortgage lending volume for purchases to $595 billion, an 8.7 percent decrease and the first retreat in three years.
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Rural Mainstreet Index Remains Strong

The Rural Mainstreet Index (RMI) declined modestly this month, due to large decreases in farm equipment sales and loan volume. The main driver of the index continues to be farm income, and for the 25th straight month, the index has been above growth neutral.
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