salt lake real estate: The Daily Bond Report - 06/27/08 12:32 PM
Friday, June 27, 2008
After yesterdays massive selloff of stocks yesterday, it looks as if the bond market is trying it's best to turn positive. A good sign of just how hard this is proving to be, although the DOW dropped over 300 points, the bond struggled to gain little more … (0 comments)
salt lake real estate: The daily Bond Report - 06/04/08 12:53 PM
Wednesday, June 04, 2008
It's another ants in the pants day for bonds. A lot of jumping around but no real direction. Making news today are worker productivity, the ADP employment report and the ISM (Institute for supply management) report. Worker productivity rose 2.8% last month, a good sign that with … (2 comments)
salt lake real estate: The Daily Bond Report - 05/29/08 12:08 PM
Thursday, May 29, 2008
Bonds are getting hammered today with the FNMA 5.5% 30 yr down 85 Bp for the day. The big winner today are stocks which meandered this morning for a while between positive and negative territory then shot up over 119 in the last 45 minutes. Moving the market … (0 comments)
salt lake real estate: Daily Bond Report - 05/27/08 12:23 PM
Tuesday, May 27, 2008
Since pricing came out this morning the bond is down 4 Bp. The negative there is that it is down 31 Bp since the market opened. This means that most of the damage done to rates happened before lenders came out with rates. In short, if the … (0 comments)
salt lake real estate: One Last Thought - 05/23/08 01:16 PM
With the number of foreclosures on the rise, it is inevitable to know of at least one person who has received a NOD (notice of default) and is in serious risk of foreclosure. I know of at least 2, one of which is less than 5 days from the courthouse steps. … (1 comments)
salt lake real estate: The Daily Bond Report - 05/21/08 12:49 PM
Wednesday, May 21, 2008
Last week mortgage applications fell 7.8%, with purchases falling to a five year low of -6.9%. Oil is fast approaching $132 a Bbl today, putting a hard hammer to both the Bond and Stock market. The minutes from the last Federal Open Market Committee are released this … (0 comments)
salt lake real estate: Daily Bond Report for Tooele and Salt lake Real Estate - 05/08/08 03:56 PM
Thursday, May 08, 2008 Initial jobless claims fell more than expected last week, beating analysts' estimates by 5,000. This was also a drop of 15,000 from the previous week. Although this is better than expected, the 380,000, any number above 300,000 is still pretty weak in the markets eyes. After topping $124 … (0 comments)
salt lake real estate: Daily Bond Report for Tooele ans Salt Lake Real Estate Markets - 05/05/08 02:03 PM
Monday, May 05, 2008 Oil futures passed $120 a barrel today. This will put a damper on both the bond and Dow. In other news, the service sector (ISM) beat analysts' expectations and for the first time in months made it above the 50 mark to 52. Remember, anything below 50 shows … (0 comments)
salt lake real estate: One last thought for Tooele and Salt Lake City Utah Real Estate - 04/25/08 05:57 PM
Rates have bounced around this week more than kids at a birthday party. Like them, all this up and down has left some with an upset stomach. I wouldn't be far off is I said that the first thing I do when I wake up is open my computer and see … (0 comments)
salt lake real estate: daily bond for tooele and salt lake city utah real estate - 04/24/08 01:00 PM
Thursday, April 24, 2008 It's a good market news day, which is pulling the bond down pretty hard. Durable goods orders came in better than expected today. Although most of it was defense related orders, investors looked at it as good news and ran with it. Other positive news was that Jobless … (0 comments)
salt lake real estate: Daily Bond and rate report for Utah, Tooele, Weber, and Salt Lake City - 04/17/08 01:04 PM
Thursday, April 17, 2008' It’s another less than stellar day with the bond market. Although first time claims beat expectations today, up 17,000 from last week, most have shrugged off the news and moved on to better things. To add to the dismal numbers, after Merril Lynch posted a new $6.5 Billion … (0 comments)
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