Filed Under (Mortgages) by admin on 08-11-2009
Quicken Loans Capital Markets Update for November 9, 2009
Treasuries are fairly flat this morning as public securities rise. This week will bring a enrolment supply of government bonds. Beginning today, the US Treasury will auction $81 billion of debt this week as part of it’s quarterly refunding. Today’s $40 billion 3-year auction will likely be overshadowed by Tuesday’s 10-year and Thursday’s 30-year auctions.
Stay tuned to Mortgage News for updates and more this week.
Filed Under (Mortgages) by admin on 03-11-2009
As there are many fly-by-night companies and individuals offering their services to handle your real estate deals, do one thing and avoid the risk of dealing with these individuals – look for the Realtor logo. When you dearth to be assured of the security of your real estate deals, looking for the Realtor logo is one definite answer to your worries.
The Realtor logo is a distinct indication that the body or company you are dealing through is part of the nation’s largest organization for real estate agents. They are collectively termed as REALTOR, to signify that they are legitimate practitioners in real estate. The National Association of REALTORS (NAR) is a verified organization that qualified realtors may join.
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Filed Under (Mortgages) by admin on 02-11-2009
Quicken Loans Capital Markets Update for November 2, 2009
U.S. bond prices were up on Friday after the day’s economic releases added to the skepticism about the sustainability of the economic recovery. This week is filled with important economic data with a large focus on Friday’s employment data.
On Tuesday, the FOMC (Federal Open Market Committee) begins a 2-day collection of people on monetary policy and the market will pay close attention to any change in language regarding the timing of future rate hikes. Many experience that the Fed will keep in pay the words “extended period” regarding low interest rates. If this
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Filed Under (Mortgages) by admin on 28-10-2009
Personal incomes and spending fell in September, even as a rise in the gross domestic product has economists declaring that the recession has ended.
New figures released by the Commerce Department today showed that personal spending fell by half a percent in September, following four consecutive monthly increases. The drop is largely attributed to the end of the government’s “Cash for Clunkers” automotive sales incentive program, that helped boost personal spending 1.4 percent in August.
Personal income has been largely stagnant the past three months, declining by $100 million in September, or a less amount than 0.1 percent drop.
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