tooele mortgage news: Daily Bond report - 07/11/08 02:30 PM
Friday, July 11, 2008
And so it goes again. The bond started off on a very good note today up almost 60Bp toucing the 100 & 200 day moving average. All signs pointed to yes today and then... Treasury Secretary Henry Paulson came out this morning with a short and … (0 comments)
tooele mortgage news: Daily Bond Report for Tooele and Salt Lake Real Estate Markets - 05/12/08 12:57 PM
Monday, May 12, 2008
Bond Insurer MBIA posted a $2.41 Billion loss in the first quarter. Indymac also came out posting a loss this quarter, then going further by stating that it more than likely show a profit this year. There isn't much economic news out today, but he week is … (0 comments)
tooele mortgage news: 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)
tooele mortgage news: Daily Bond Report for Tooele and Salt Lake Real Estate Markets - 05/07/08 01:33 PM
Wednesday, May 07, 2008 A bi-partisan plan to relax the standards for FHA is meeting resistance from the top if the food chain, with Bush threatening to Veto the action saying it won't help. Neither did the FHA secure plan, but that didn't stop anyone from signing off on it. Let's face … (0 comments)
tooele mortgage news: The Daily Bond report for Tooele and Salt Lake real estate markets - 05/06/08 01:05 PM
Tuesday, May 06, 2008 Without much economic news out, investors will be looking to earnings and oil to setting the tone for the week. And what a tone set today. Fannie Mae posted a mild $2.3 BILLON loss for the first quarter.... Not the year, just the first quarter. Sighting the weak … (0 comments)
tooele mortgage news: The daily Bond Report for Tooele and Salt Lake Utah - 05/01/08 02:23 PM
Thursday, May 01, 2008 Unemployment went up 40,000 more than expected today. Tack on to that companies are expecting to layoff an additional 90,015 in the coming months, and you have numbers pointing to a higher unemployment which is expected to edge up past 5.2% tomorrow. The consumer spending did rise more … (0 comments)
tooele mortgage news: Daily Bond report for Tooele and Salt Lake Utah - 04/28/08 03:27 PM
Monday, April 28, 2008 Without any real news to sink our teeth into today, traders will be alert for anyone who sneezes the wrong way to decide which way to invest. With that being said, Warren Buffet spoke out today on how he not only believes that we are in a recession, … (0 comments)
tooele mortgage news: Daily Bond Report for Tooele Utah - 04/18/08 02:00 PM
Friday, April 18, 2008 This has truly been a freaky Friday. With Citigroup posting a whopping $5.1 Billion First quarter loss, the DOW shot up 243 and took the bond down with it. What triggered this earnings loss to be good? Well most investors had already figured that they were going to … (0 comments)
tooele mortgage news: Weekly Market Trends for Salt Laker City, Tooele, and outlying areas of Utah - 04/18/08 01:27 PM
It's been a fun week for mortgage rates. Here is the weekly news moving the market. Input is always appreciated. THE JOB MARKET Citigroup announce that it plans to cut 9,000 jobs in light of their recent mortgages losses. This on the heels of 4,200 job cuts in January. To add to what is … (0 comments)
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