Archive for the ‘Mortgage Archives’ Category

Where Homes Are Selling Fastest

Friday, September 5th, 2008

Original post by Admin

Analyst Actions: Toll Brothers, Safeway, Abercrombie & Fitch

Friday, September 5th, 2008

Original post by Admin

S&P Picks and Pans: SanDisk, UST, Palm, Take-Two, Dell

Friday, September 5th, 2008

Original post by Admin

The Labor Market’s Cruel Summer

Friday, September 5th, 2008

Original post by Admin

Movers: Nokia, Merrill Lynch, Sycamore Networks, Take-Two

Friday, September 5th, 2008

Original post by Admin

Mortgage Delinquency Rate Hits 29-Year High in Second Quarter of 2008

Friday, September 5th, 2008

Mortgage 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.

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Original post by Darin

Study Says U.S. “Housing ‘Bubble’ Has Popped”

Friday, September 5th, 2008

A 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
.”

Read More Now

Original post by Darin

Study Says U.S. ‘Housing Bubble Has Popped’

Friday, September 5th, 2008

A 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
.”

Read More Now

Original post by Darin

Friday’s Events: U.S. & Canadian Employment Reports; Ivey PMI

Friday, September 5th, 2008

The 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).

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Original post by Darin

August Nonfarm Payrolls Decline 84k, Unemployment Rate at 6.1%

Friday, September 5th, 2008

U.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