ARCHIVED BLOG POSTS
2011
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Meteoric Stock Increases The Dow Jones Industrial Average and S&P 500 saw historic gains in the month of October. The Dow advanced 13.5%, it's biggest gain since January 1987. The S&P 500 saw an increase of 12%, it's largest gain since October 1974. Optimism surrounding Europe, positive economi...
10/28/2011
For more information on the New HARP Program Click Here: New Harp Program Guidelines To Check if your property is a Freddie Mac or Fannie May Loan go to these sites: Is Your Loan A Fannie Mae Loan? Click here to Find Out Is Your Loan A Freddie Mac Loan? Click Here to Find Out
10/26/2011
Send to a Friend Follow Me On: Christian Penner Area Manager Mortgage Banker Phone: 561-373-0987 Fax: 561-935-4142 License: NMLS#368289 Christian@ChristianPenner.com www.christianpenner.com In This Issue Last Week in Review: The Fed made headlines, plus inflation is hea...
10/24/2011
October 24, 2011 Today, the Federal Housing Finance Agency (FHFA), along with Freddie Mac and Fannie Mae, issued a press release announcing a series of changes to the Home Affordable Refinance Program (HARP) in an effort to attract more eligible borrowers who can benefit from refinancing their h...
10/24/2011
Buying a Home After A Short Sale or Foreclosure What You Need To Know When Buying a Home After A Short Sale or Foreclosure, Christian Penner Mortgage Banker West Palm Beach As a Mortgage Banker who has been heavily involved in closing short sales over the last five years, one of the questions t...
10/21/2011
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Producer Price Index (PPI) Year Over Year The Producer Price Index rose 0.8% in September, the largest increase since April. The PPI measures inflation on a wholesale level. Increases in wholesale costs generally increase the price of consumer goods as companies pass on increased costs to consume...
10/18/2011
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CLOSING TECHNICAL SIGNAL & MARKET WRAP - By Christian Penner - Mortgage Broker - West Palm Beach - Florida CLOSING TECHNICAL SIGNAL: Bonds made an impressive bounce off support and there is still some room for improvement until it gets to the 1st resistance level at the 50-Day Moving Average. We ...
10/17/2011
Send to a Friend Follow Me On: Christian Penner Area Manager Mortgage Banker Phone: 561-373-0987 Fax: 561-935-4142 License: NMLS#368289 Christian@ChristianPenner.com www.christianpenner.com For the week of Oct 10, 2011 --- Vol. 9, Issue 41 In This Issue Last Week in Review: The ...
10/17/2011
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September Retail Sales U.S. retail sales saw it's biggest increase in 7 months with a 1.1% gain in September. This represents a 7.9% increase over September 2010. Sales of automobiles increased 3.6%, with nearly 1.1 million vehicles sold. The biggest auto increase in over a year. When factoring o...
10/14/2011
New Bill Could Improve Millions Of FICO Scores! Lets get HR 2086 passed, as this is the Medical Debt Responsibility Act 2011. What is will do is for every medical collection under $2,500 it will be removed from a persons credit report with-in 45 days. Medical Collections are on 40% of all credit ...
10/12/2011