calabasas condos: Calabasas Daily Rate Advisory - Home Loans - 12/07/07 01:39 PM

Thursday's bond market has opened in negative territory yet again as the stock markets show early gains and investors await tomorrow's employment figures. Stocks are in positive territory with the Dow up 35 points and the Nasdaq up 14 points. The bond market is currently down 9/32, which will likely push this morning's mortgage rates higher by approximately .125 of a discount point.There is no important news scheduled for release today. The Labor Department did post weekly unemployment claims, saying that 338,000 new claims were filed last week. Analysts were expecting to see 335,000 new claims. This was not enough of … (0 comments)

calabasas condos: Calabasas Daily Rate Advisory - Home Loans - 11/30/07 03:25 PM

Friday's bond market has opened well into negative territory, continuing its recent roller coaster ride. The stock markets are showing gains with the Dow up 125 points and the Nasdaq up 15 points. The bond market is currently down 16/32, but we will likely still see a slight improvement in rates this morning as a result of strength late yesterday.Today's only relevant data was October's Personal Income and Outlays that showed weaker then expected readings. It revealed that personal income and spending both rose 0.2% last month when income was expected to rise 0.4% and spending 0.3%. This indicates that consumers … (0 comments)

calabasas condos: Calabasas Daily Rate Advisory - Home Loans - 11/02/07 05:10 PM

Friday's bond market has opened in positive territory despite the release of stronger than expected economic news. The stock markets are currently showing sizable losses with the Dow down 95 points and the Nasdaq down 9 points. The bond market is benefiting from the stock weakness again, currently up 10/32. This should improve this morning's mortgage rates by approximately .250 of a discount point.The Labor Department gave us today's key data with the release of October's Employment report. It showed that 166,000 new jobs were added, which exceeded forecasts of 80,000 by a wide margin. However, offsetting that news was a … (0 comments)

 

Paul Lefton Simi Valley Home Loans

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