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Real Estate and Mortgage Market Update for Thursday 05-24-2012

Thursday’s bond market has opened in negative territory following the release of uneventful economic data and a positive open in stocks....
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Weekly Economic Summary First Week of May 2012

The Jobs report showed that 115,000 jobs were created inApril, with 130,000 private sector jobs offsetting government job losses. This number was a...
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Real Estate and Mortgage Market Update for Tuesday 02-21-2012

Greece got its bailoutmoneyearly this morning. Yesterday Europe’s markets rallied on the news, today Europe’s equity markets are weaker...
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Real Estate and Mortgage Market Update for Tuesday 02-14-2012

Prior to 830am treasuries and mortgage prices were up a little but generally unchanged. At 830am January Retail Sales,expected up +0.8% overall and...
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Market Update for Wednesday 02-08-2012

In early trading this morning the 10-Year Note yield touched 2.00% ahead of the $24B 10-Year NoteAuction later this afternoon (100pm). mortgage...
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Market Updates for Tuesday 02-07-2012

Very early this morning the U.S. stock indexes were weak following Europe’s equity markets. The 10-Year Note at 700am was down -2/32. By...
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Hispanics in Los Angeles were overcharged by Countrywide

Bank of America agreed to pay $335 million to settle allegations that its Countrywide Financial unit discriminated against African-American and...
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WISH Program offers first-time buyers loans for a dream home

If you rent a two bedroom apartment in California, it could cost you less per month to buy house thanks to The Workforce Initiative Subsidy for...
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Home Mortgages: HUD Secretary It's Time to Buy!!!

  • Donovan's tweet
  • July 5, 2011
Many read the important tweet about home sales. Housing Urban Development (H.U.D.) secretary, Shawn Donovan finally spoke up this past Sunday. As...
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The Debt Ceiling: Bernanke to Politicians, Stop Playing Games

No sane person would take on more debt than they could handle. At the same time, on a personal level, even though you may not have the cash in the...
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