Mid-Day Recap: Mixed Reaction as Q2 GDP Drops 1%
Friday, July 31st, 2009Market reaction has been mixed since it was confirmed that second-quarter GDP contracted at a much slower pace than the in the prior quarter. The data suggests the recession is coming to an end, but the view ahead is far from clear and rosy.
Although stock indexes look ready to end the week up more than 1%, following a huge 11% gain in the prior two weeks, the weekly gain is based on the advance seen yesterday, as stocks are roughly flat two hours into Friday’s session. …(a href=”http://www.mortgagenewsdaily.com/07312009_gdp_mid_day_recap.asp”read more/a)img src=”http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=96695″ width=”1″ height=”1″
FHA Borrowers Now Eligible for Loan Modification Programs
Thursday, July 30th, 2009Department of Housing and Urban Development (HUD) Secretary Shaun Donovan released new guidelines on Thursday for FHA#39;s Affordable Modification Program to bring it into compliance with The Helping Families Save Their Homes Act of 2009 signed by President Obama in May.
…(a href=”http://www.mortgagenewsdaily.com/07302009_fha_borrowers_now_eligible_for_loan_modification_programs.asp”read more/a)img src=”http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=96377″ width=”1″ height=”1″
GSEs Say Mortgage Rates Rose Last Week
Thursday, July 30th, 2009Mortgages rates rose across the board during the most recent week according to data released by both Fannie Mae and Freddie Mac. Freddie Mac#39;s vice president says that bond Rates and more rosy economic news helped to fuel the increases.
…(a href=”http://www.mortgagenewsdaily.com/07302009_gse_s_say_mortgage_rates_rose_last_week.asp”read more/a)img src=”http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=96319″ width=”1″ height=”1″
Mid-Day Recap: Market Rally Resumes as Nasdaq Crosses 2,000
Thursday, July 30th, 2009After a two-day pause on Tuesday and Wednesday, markets are continuing the rally that began three weeks ago. Midway through Thursday, markets are up close to 2%, with the Nasdaq crossing the 2,000 mark for the first time since October….(a href=”http://www.mortgagenewsdaily.com/07302009_mid_day_recap_jobless_claims.asp”read more/a)img src=”http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=96308″ width=”1″ height=”1″
Home Refinancing
Thursday, July 30th, 2009The mortgage refinancing is very fashionable these days to the state of the art in the field
How to Find Zero Down Loans
Wednesday, July 29th, 2009In some realestate markets across this nation, the upward trend in home prices does not match the re
Mid-Day Recap: Multiple Factors Drive Stocks South
Wednesday, July 29th, 2009It’s adding up to be a pretty bad day for markets as new orders for durable goods tumbled, demand for mortgage applications shrunk, the Chinese stock market dropped precipitously, crude oil continues to weaken, and earnings were soft all around….(a href=”http://www.mortgagenewsdaily.com/07292009_mid_day_recap_durable_goods.asp”read more/a)img src=”http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=95911″ width=”1″ height=”1″
Rising Mortgage Rates Slow Application Activity
Wednesday, July 29th, 2009Mortgage rates climbed for the second straight week, pulling down demand for mortgage applications, particularly for refinancing, according to a weekly industry survey.
The Mortgage Bankers Association said average rates for a 30-year mortgage moved up 0.05 percentage points to 5.36% in the week ending July 24, which follows a rebound from 5.05% to 5.31% in the prior week. The jump in rates caused demand to shrink for the first time in four weeks….(a href=”http://www.mortgagenewsdaily.com/07292009_mba_mortgage_applications.asp”read more/a)img src=”http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=95845″ width=”1″ height=”1″
Mortgage Loan
Wednesday, July 29th, 2009Home mortgage loan modification: how to go about it
Modification of existing mortgage loan on home
Mid-Day Recap: Risk Averse Attitude Moves Stocks Lower. Yield Curve Rallies
Tuesday, July 28th, 2009Housing data was positive this morning but markets are reeling from mixed earnings reports and weak consumer confidence. Ninety minutes into the session, all three major indexes are trading lower, following 11 days of rapid gains.
As of 11:00, the Samp;P 500 is the worst of the bunch, down 0.52% at 977, while the Dow is trading 0.28% lower at 9083, and the Nasdaq has fallen 0.29% to 1962….(a href=”http://www.mortgagenewsdaily.com/07282009_earnings_s_p_case_shiller.asp”read more/a)img src=”http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=95585″ width=”1″ height=”1″
« Previous Entries