mark lawrence: Act NOw!!! InTeResT rAtES arE GOinG uP ThIS SuMMer
- 01/10/09 06:29 AM
By Julie Haviv NEW YORK, Jan 8 (Reuters) - Massive efforts by the Federal Reserve to bring down mortgage rates have so far been a success, but homeowners had better act fast because analysts say record low rates could be gone as soon as this summer. Thirty-year mortgage rates dropped to a low of 5.01 percent this week -- their lowest since 1971 -- after the Federal Reserve unveiled a plan in late November to buy as much as $500 billion of securities backed by Fannie Mae , Freddie Mac and Ginnie Mae. They could touch as … (1 comments)
mark lawrence: THIS JUST IN!!!!!!!
- 07/02/08 08:38 AM
US TREASURY OUTLOOK-Jobs data, ECB decision take spotlight By Richard Leong NEW YORK, July 2 (Reuters) - The U.S. government debt market will likely be choppy on Thursday, as traders brace for possible surprises in the government's payroll report and an interest rate decision from the European Central Bank. Signs of more U.S. labor deterioration would further punish a battered stock market and increase the safe-haven appeal of Treasuries. They will also likely lead traders to pare their bets on the Federal Reserve raising interest rates later this year, analysts and investors said on Wednesday. "A bad payroll number could boost … (1 comments)
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By Julie Haviv;)
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