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Stocks Rise for Third Day

By
Mortgage and Lending with The Federal Savings Bank/Lending in 50 states NMLS # 109616

Stocks managed a third consecutive day of gains today with all three major U.S. exchanges posting nice improvements.  Stocks across the globe were near or at record highs today as the European Central Bank hinted that it might lower its core interest rate even more.  Meanwhile Case Shiller reported and increase of 12.4% in home prices for the past year.  The Dow closed up 69 points.

Tina D Saporito, Your Dedicated Palm Desert, CA Realtor Since 2005
Ronald Christopher & Associates. Proudly serving Palm Desert, La Quinta, Indio, Rancho Mirage, & Palm Springs. - Palm Desert, CA
Call (760)799-8460. www.JustListedinPalmDesert.com

Thanks for the finance update. I know a lot of home buyers are hoping interest rates remain low.

May 27, 2014 08:30 AM
Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

Jeff, thank you for the update on the financial markets.  We often get too wrapped up in the real estate market to pay attention although we should, the stock market does affect housing as well. 

May 27, 2014 11:42 AM