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5 minutes until the report, Wells Fargo knocks Citi out of way and buys Wachovia

By
Mortgage and Lending with Mortgage Network, Inc

Dow points lower, NASDAQ as well. MBS open up 9bp ahead of the jobs number.

More to come after the jobs report is released.

Kelly Willey
Coco Plum Real Estate, Kelly Willey, FLORIDA KEYS - Marathon, FL
Florida Keys Luxury Sales, Marathon, Key Colony

This is all such savory news...so many people are glued to every detail of this...however, i for one could care lesss...sorry but its true....I cannot muster any interest in all the financial issues...my market is still strong and people still seem to have money for real estate

kelly willey Marathon Florida christian realtor REO expert

Oct 03, 2008 12:58 AM
Clint Hammond
Mortgage Network, Inc - Columbia, SC

But if they can't get financing, then it doesn't matter how strong the local market is. Our local real estate market is very strong but that doesn't do anything for global credit pipes. That's where the real issue is. Keeping a finger on the pulse can help you better serve your clients, especially if you're in a hot market because you'll be able to talk to more people about it and get a leg up on other realtors.

Oct 03, 2008 01:03 AM
Carol Swain
Keller Williams Real Estate - Langhorne, PA
Realtor, -www.swainsells.com- Bucks County, Pa

I heard that Wells knocked Citi out to buy Wachovia and I was surprised.

Oct 03, 2008 04:28 AM