Bay Area Mortgage and Market Update Economic News: Inflation fears were muted by the results reported in both the Consumer & Producer Price Indicies. Hurricane Sandy is still causing havoc, this time in economic reports. Retail Sales were down. Weekly Jobless Claims were way up and Industrial Pr
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11/16/2012
Mortgage and Market Update Economic News: It was certainly an up and down week for the equity and debt markets. After starting the week off strong the stock market took a nosedive on Wednesday due to a combination of the election results (uncertainty regarding the ability of Congress and the Pres
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11/09/2012
Mortgage and Market Update Economic News: The big news for the markets this week was the closure of the exchanges for two days in the aftermath of Sandy. The economic reports for the week were not nearly as tumultuous or destructive. The Case-Shiller Home Price Index notched a 2% YOY gain in the
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11/02/2012