fed: It's the Innuendo, Not the Actions - 06/25/08 07:16 AM
The Federal Reserve Open Market Committee will adjourn its first meeting of the Summer today, and is expected to make an announcement at 2:15 PM regarding its decision to raise or lower interest rates.  At this point, virtually no one in the investing world expects the Fed to make any changes … (4 comments)

fed: Mortgage / Treasury Spread Widens, On Average - 04/21/08 02:48 PM
Mortgage rates moved up sharply as last week drew to a close, propelled by a string of positive news out of Wall Street.  Several major banks reported colossal losses, yet, because these losses were less than the even more colossal losses that had been expected, the stock market reacted by increasing … (0 comments)

fed: Rates improve sharply - will it hold? - 03/03/08 11:27 AM
Last week was just what many loan officers and borrowers were looking for: a week of sharp improvements in rates.  What we saw was a substantial "flight-to-quality" as investors shied away from stocks and moved their money into safer treasury bonds.  This was triggered by several reports indicating higher than expected … (3 comments)

fed: US Presidents' Housing Achievments (and a rate update) - 02/18/08 11:02 AM
Good morning!
This Presidents' Day is a wet and windy one here in Rhode Island.  Today, in addition to a brief interest-rate market recap and preview, I thought I'd bring you a history of significant events in United States housing history, and the Presidents who effected those changes. 
In 1862, Abraham … (0 comments)

fed: Bernanke speaks to congress - 02/14/08 12:55 PM
Treasury Secretary Hank Paulson joined Federal Reserve Chief Ben Bernanke in congress today, and said that they don't expect the US economy to experience a recession in 2008, rather they see slowing growth, with a total increase of 1.8% over the 2007 Gross Domestic Product increase. 
The market was not impressed.  … (0 comments)

fed: Rollercoaster updates; Radio Tomorrow! - 02/01/08 04:47 PM
Good evening! 
I hope your week was as interesting as mine was.  After taking all of last week off for vacation, there's nothing like coming back to the flu to get off to a good start.  The market certainly made it worth hanging in and watching. 
Earlier this week, I told … (3 comments)

fed: If you thought last week was a roller coaster. . . - 01/28/08 09:48 AM
The week of January 21, 2008 was one of the more exciting weeks I have seen on the market in quite some time, and that comes with being just a 4 business day week.  Of course, most of us around here worked Monday, also; I didn't.  I'd planned vacation for the … (21 comments)

 
Loan Officer: Dan Hartman (Province Mortgage Associates)
Dan Hartman
Providence, RI
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Province Mortgage Associates

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