Mike Aavang's Blog

Mortgage and Lending - The Money Source - NMLS #251674



  My mother was slender, ate a healthy diet full of fruits and vegetables, and exercised regularly. She died of cancer two months after her 62nd birthday. My father was a healthy, normal-weight man when a stroke killed him. A friend who never smoked recently died of lung cancer. So I'm not one of...
By Igor Greenwald, MoneyShow.com   Does anyone give stock to newborns anymore? I confess to have completely overlooked this question.   I imagine stocks go into the same storage bin with sharp knives, lead-painted Chinese toys and options on Florida swampland. After a gut-wrenching decade that wa...
The Dow Jones industrials ($INDU -0.11%) actually finished up about two points for the month, while the Standard & Poor's 500 Index ($INX -0.39%) and the Nasdaq Composite Index ($COMPX -0.74%) were off 0.8% and 1.5% for the month. Blame Spain for the market's 's decline. The European nation has s...
On paper, consumer price inflation has been tame, personal incomes are modestly higher, and measures of senior poverty are reassuringly low. But in the real world, prices for many consumer items are much higher, especially in poorer neighborhoods without Wal-Marts and other price-conscious retail...
  In corporate news, U.S. automaker Ford (F -1.85%) reported earnings of $1.4 billion, or 35 cents a share. Excluding certain items, the company's profit was 39 cents, more than the 35 cents analysts surveyed by Thomson Reuters had expected. Revenue was $32.4 billion, topping forecasts for $31.5 ...
  Stocks were climbing Thursday after a new report showed that home sales were increasing despite the weak economy.   The Dow Jones Industrial Average ($INDU +0.41%) was up by 40 points, or 0.3%, at 13,131. The S&P 500 ($INX +0.17%) was up by 0.5 point, or less than 0.1%, at 1,391. The Nasdaq ($C...
Information received since the Federal Open Market Committee met in March suggests that the economy has been expanding moderately. Labor market conditions have improved in recent months; the unemployment rate has declined but remains elevated. Household spending and business fixed investment have...
LONDON (Reuters) - Britain's economy slid into its second recession since the financial crisis after official data unexpectedly showed a fall in output in the first three months of 2012, piling pressure on Prime Minister David Cameron's embattled coalition government. The Office for National Sta...
  Stocks were rising Wednesday, with the Nasdaq jumping almost 2%, after Apple (AAPL +8.95%) and Boeing (BA +4.11%) reported better-than-expected quarterly profits.     The Dow Jones Industrial Average ($INDU +0.51%) was up by 73 points, or 0.6%, at 13,075. The S&P 500 ($INX +1.02%) was up by 14 ...
When will the Government get out of the this Countries way ? and let it get back to Running it's self with out all the BS that out Government brings in to play! Just get out of the way and We/Country will be fine!!! The government passed a mortgage rule change on April 1st.  How typical of the go...

Mike Aavang

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