Real estate blog entries tagged with market by Sherry Connor (Fidelity and Trust Mortgage)

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market: Mortgage Market Update - 04/17/08 - 04/17/08 07:57 AM

Yesterday was wild ride with two rate increases in the middle of the day...as the bond yield shot up to 3.68% before calming down late in the day. Early this morning, Merrill Lynch reports worst than expected quarterly losses and will lay off 4000 people. Jobless Claims surged higher and I … (4 comments)

market: Mortgage Market Update - 4/16/08 - 04/16/08 09:26 AM

Just when you thought I was gone, they pull me back in!
I got back from Vacation (Disney Cruise) and struggling to get above water. I quit my job on Monday (4/14) and Started at my new job the very same day. I am still in the Mortgage Business and barely unpacked from … (1 comments)

market: Mortgage Market Update - 4/4/08 - 04/04/08 11:45 AM

Employers slashed 80,000 jobs...way more than the analyst expected. Unemployment rate was up to a new high in 3 years at 5.1%. Stock Market is moving slow today on this news and the bond market is trading well. This should push interests rates down a tad for a Friday.
I am … (2 comments)

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