TheMReport

August 2014

TheMReport — News and strategies for the evolving mortgage marketplace.

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TH E M REP O RT | 57 O R I G I NAT I O N S E R V I C I N G A NA LY T I C S S E C O N DA R Y M A R K E T ANALYTICS AROUND THE U. S. Source: Bureau of Labor Statistics, Freddie Mac. *A MiMi value between -2 and 2 reflects a stable level of activity. Rhode Island 8.20% -4.37 -5.11 Nevada 7.90% -9.02 -7.33 Kentucky 7.70% -2.82 -2.69 Mississippi 7.70% -2.11 -3.35 California 7.60% -7.77 -2.62 District Of Columbia 7.50% -5.64 -3.14 Illinois 7.50% -5.68 -4.55 Michigan 7.50% -4.24 -2.5 Georgia 7.20% -5.82 -4.66 Connecticut 6.90% -5.05 -4.71 Oregon 6.90% -5.08 -3.75 Alabama 6.80% -2.7 -3.33 Arizona 6.80% -7.14 -3.34 New Jersey 6.80% -5.65 -7.97 New York 6.70% -4.07 -5.85 Missouri 6.60% -3.62 -2.56 New Mexico 6.50% -4.24 -3.22 Alaska 6.40% -2.44 -1.63 Arkansas 6.40% -2.27 -2.87 North Carolina 6.40% -4.52 -2.76 Tennessee 6.40% -3.01 -2.83 Florida 6.30% -5.74 -9.18 West Virginia 6.30% -1.06 -2.04 Washington 6.10% -5.77 -3.59 Delaware 5.90% -4.39 -4.11 Colorado 5.80% -7.37 -2.34 Indiana 5.70% -3.73 -2.77 Maine 5.70% -2.7 -4.82 Wisconsin 5.70% -4.44 -2.17 Maryland 5.60% -6.45 -5.48 Massachusetts 5.60% -4.95 -3.8 Pennsylvania 5.60% -3.15 -2.96 Ohio 5.50% -4.39 -3.1 South Carolina 5.30% -3.24 -2.97 Texas 5.10% -2.08 -2.26 Virginia 5.10% -5.58 -2.64 Idaho 4.90% -3.91 -2.52 Louisiana 4.90% -0.04 -2.63 Kansas 4.80% -3.19 -2.66 Minnesota 4.60% -4.36 -2.5 Montana 4.60% -2.23 -1.04 Oklahoma 4.60% -1.91 -2.71 Hawaii 4.40% -3.98 -3.7 Iowa 4.40% -2.3 -2.37 New Hampshire 4.40% -4.67 -2.66 South Dakota 3.80% -1.94 -1.62 Wyoming 3.80% -1.15 -1.38 Nebraska 3.60% -3.09 -2.19 Utah 3.60% -4.93 -1.42 Vermont 3.30% -3.03 -2.8 North Dakota 2.60% 0.05 -0.69 Working Toward Recovery Job numbers have outperformed expectations in the past few months, bringing the national unemployment rate to 6.1 percent. MReport took a look at local unemployment and measured those figures against Freddie Mac's Multi-Indicator Market Index (MiMi) to determine how housing is benefiting from improvements in labor. State Unemployment rate (prelim., may 2014) pUrchaSe applicationS* (april) cUrrent on mortgage* (april)

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