Good Economic News
For the last many, many months, pretty much all the economic news has been bad. Since there was little you could do about it, I've haven't really been making note of it. Well, there was some good news this week. The Mortgage Bankers Association, which represents the mortgage finance industry, reports on changes in the mortgage market. Last month the market firmed, by quite a bit. Of course, it is firming from a very low point, but we aren't talking about a little month-over-month firming, but the biggest jump in this statistic in the last decade.
That, and some of the jobs numbers, while really bad, weren't as bad as the month before, or as bad as "the surveys" expected. That's more of a "bad situation not getting bad at a worse rate" kind of good news, but, anyway.