Mortgage Rates Remained Flat This Week Due To Mixed U.s., Global Economic Issues Mortgage interest rates did not move much from their previous level this week as the strengthening U.S. stock market, climbing oil prices and concerns about civil unrest in Egypt applied upward and downward pressure on home loans, seemingly in equal measure. The [...]
Tag Archives: Economic
Mortgages dip on economic uncertainty
Mortgages dip on economic uncertainty Mortgage interest rates dipped slightly this week, as brokers and borrowers combed through recent economic data, seeking clues as to whether the U.S. economy is — or isn’t — on the mend. Read more on Bankrate.com
Obama’s New Economic Adviser Defends Subprime Lending
Obama’s New Economic Adviser Defends Subprime Lending It has become taboo to defend anything having to do with subprime lending. Why would you? Read more on Time Magazine
Stocks fall after weak earnings, economic reports
Stocks fall after weak earnings, economic reports The stock market put its big rally on hold Tuesday after disappointing earnings and economic reports reminded investors of the obstacles still facing the economy. Read more on AP via Yahoo! News
MARKET SNAPSHOT: U.S. Stocks Crumple As Economic Worries Persist
MARKET SNAPSHOT: U.S. Stocks Crumple As Economic Worries Persist MARKET SNAPSHOT: U.S. Stocks Crumple As Economic Worries Persist Read more on FOX Business
Housing in Vallejo area less affordable amid economic recovery
Housing in Vallejo area less affordable amid economic recovery Housing in the Vallejo area is becoming less affordable, and that’s an indicator of a possible real estate market recovery, local experts said Monday.The California Building Industry Association’s latest housing affordability index shows Solano County tied with Olympia, Read more on Vallejo Times-Herald
U.S. Stocks Drop on Growing Concern Over Europe, Economic Data
U.S. Stocks Drop on Growing Concern Over Europe, Economic Data May 22 (Bloomberg) — U.S. stocks fell this week, sending the Standard & Poor’s 500 Index to a three-month low, on growing uncertainty over European leaders’ plans to halt the debt crisis and economic data that raised doubts about the strength of the economic recovery. [...]
Housing market here holds steady, despite economic downturn
Housing market here holds steady, despite economic downturn Buying a house can be a stressful venture, especially with all the news about property values falling and the housing market crashing, but things are not as bad as on the East or West Coast. Read more on Brenham Banner-Press
Interest Rates Rise After Positive Economic News
Interest Rates Rise After Positive Economic News Interest rates rise after positive news on jobs, housing; Greece debt concerns weigh Greece – European Union – Deficit – Travel and Tourism – Maps and Views Read more on ABC News
Fed: Housing, jobs biggest economic hurdles
Fed: Housing, jobs biggest economic hurdles WASHINGTON – Problems in the housing market and high unemployment are the biggest economic challenges the nation faces, Federal Reserve Chairman Ben Bernanke said today. Read more on Detroit Free Press