Archive for the ‘Mortgage Archives’ Category
Analyst Actions: Toll Brothers, Safeway, Abercrombie & Fitch
Friday, September 5th, 2008S&P Picks and Pans: SanDisk, UST, Palm, Take-Two, Dell
Friday, September 5th, 2008The Labor Market’s Cruel Summer
Friday, September 5th, 2008Movers: Nokia, Merrill Lynch, Sycamore Networks, Take-Two
Friday, September 5th, 2008Mortgage Delinquency Rate Hits 29-Year High in Second Quarter of 2008
Friday, September 5th, 2008Mortgage delinquencies for U.S. homes in the second
quarter of 2008 moved up six basis points from the previous quarter to
6.41% of all loans outstanding, marking a 29-year high, according to the
MBA’s National Delinquency Survey released Friday.
Original post by Darin
Study Says U.S. “Housing ‘Bubble’ Has Popped”
Friday, September 5th, 2008A report on housing prices by Global Insight says that although prices
for single-family homes are still heading downwards across the country,
the rate of decline has gone down and “extreme overvaluation of
house prices is essentially non-existent.”
Original post by Darin
Study Says U.S. ‘Housing Bubble Has Popped’
Friday, September 5th, 2008A report on housing prices by Global Insight says that although prices
for single-family homes are still heading downwards across the country,
the rate of decline has gone down and “extreme overvaluation of
house prices is essentially non-existent.”
Original post by Darin
Friday’s Events: U.S. & Canadian Employment Reports; Ivey PMI
Friday, September 5th, 2008The Canadian and U.S. employment reports for August followed by the
Canadian Ivey PMI will be today’s main highlights for North America. In
the afternoon, markets will also hear from San Francisco Fed President
Janet Yellen (non-voter).
Original post by Darin
August Nonfarm Payrolls Decline 84k, Unemployment Rate at 6.1%
Friday, September 5th, 2008U.S. nonfarm payrolls declined for the eighth straight
month, falling more than expected by a total of 84k jobs in
August, according to the Bureau of Labor Statistics on Friday. The
unemployment rate was pushed up four-tenths to 6.1% (6.055%), well above
expectations that it would remain at 5.7%.
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Original post by Darin