Mon, Oct 19 2009, 8:31 AM
Last Week saw equities hit 12-month highs across the globe, including in Australia, Hong Kong, India, Russia, Europe, England, Brazil and of course th...
Fri, Oct 16 2009, 8:19 AM
US equities are looking to open lower after an earnings report from Bank of America missed the mark this morning. On the week the S&P 500 remains up 2...
Fri, Oct 16 2009, 2:27 PM
Equities opened lower this morning following disappointing earnings results from Bank of America, and losses were extended 25 minutes into the session...
Thu, Oct 15 2009, 12:33 PM
Jobless claims are down, inflation is benign, and manufacturing conditions were positive for the third straight month, but trading is jittery as inves...
Thu, Oct 15 2009, 8:14 AM
Equity futures are retaining gains after yesterday’s 1.75% climb. The day ahead is full of new economic data and sentiment is generally higher as earn...
Thu, Oct 15 2009, 5:21 PM
The Federal Reserve today reported on their weekly purchases of agency mortgage-backed securities (MBS). In the four trading days between October 8 an...
Thu, Oct 15 2009, 3:37 PM
Freddie Mac's Primary Mortgage Market Survey for the week ended October 15 was released on Thursday. The report showed all four mortgages tracked by ...
Wed, Oct 14 2009, 11:27 AM
The Mortgage Bankers Association has issued an economic forecast that projects further increases in unemployment but continued low interest rates, hig...
Wed, Oct 14 2009, 8:11 AM
Demand for mortgage applications was unable to keep pace with the five-month peak reached in final week of September, according to the Mortgage Banker...
Wed, Oct 14 2009, 8:09 AM
With the dollar remaining weak, investors are finding other safe havens to store their money, which helped drive the price of oil past $75 for the fir...
Tue, Oct 13 2009, 12:44 PM
The House of Representatives has passed a bill that extends the first-time homebuyers tax credit for one year for military families and certain other ...
Tue, Oct 13 2009, 12:33 PM
Stocks are slipping, the dollar is down, and gold is at new highs. The Dow and S&P 500 closed at 12-month peaks on Monday but trading is skittish toda...
Tue, Oct 13 2009, 8:21 AM
Tuesday morning begins on a light note but in the afternoon the Treasury releases its final budget statement for fiscal year 2009, and the third-quart...
Mon, Oct 12 2009, 8:30 AM
Last week the S&P 500 added 4.5%, gold hit a record high, and the US dollar tested new lows for the year. So much for a turning point. This week begin...
Mon, Oct 12 2009, 4:38 PM
Markets opened higher on Monday and appeared steady throughout the morning, with all three indexes hitting intraday highs for the year. But at 2pm inv...
Fri, Oct 9 2009, 8:12 AM
President Barack Obama won the Nobel Peace Prize this morning. The 44th president is the third sitting president to receive the honor but the first to...
Fri, Oct 9 2009, 4:28 PM
After slipping for two weeks, equities opened the fourth quarter with the best week over week rally since July.
The Dow closed above the 12-month h...
Fri, Oct 9 2009, 2:32 PM
The Congressional Oversight Panel charged with keeping an eye on TARP expenditures has released a report that questions the effectiveness of the HAMP ...
Thu, Oct 8 2009, 8:14 AM
S&P 500 futures are looking to open 9 points higher following yesterday’s mixed session. Sentiment is up as Q3 earnings reports began yesterday, which...
Thu, Oct 8 2009, 5:21 PM
The U.S. Departments of Treasury and Housing and Urban Development announced on Thursday that a goal of 500,000 loan modifications has been reached ne...
Thu, Oct 8 2009, 3:03 PM
Mortgage rates just keep going down according to data released this week by both Fannie Mae and Freddie Mac. Both the 5-year Treasury-indexed hybrid ...
Thu, Oct 8 2009, 1:23 PM
The day’s data has been mixed but sentiment continues to run high on Wall Street after third-quarter earnings posted after the bell yesterday beat exp...
Wed, Oct 7 2009, 10:09 AM
Mortgage rates held below 5.00 percent for the third consecutive week helping refinance and purchase loan demand increase, according to a weekly repor...
Wed, Oct 7 2009, 9:33 AM
Equity markets look poised to extend the two-day rally this morning. The day ahead is light on data, with only the consumer credit report at 3pm, but ...
Wed, Oct 7 2009, 3:17 PM
Freddie Mac and Fannie Mae are reporting to be running a pilot program to help independent mortgage banks obtain warehouse type credit. The program, ...
Wed, Oct 7 2009, 1:17 PM
Stocks performed well in the Asian session on Wednesday, but trading in Europe was mixed and, at mid-day, it looks as though the US session will follo...
Tue, Oct 6 2009, 8:22 AM
Futures in the S&P 500 are trading 10 points higher this morning following a global rally. In Asia, the Nikkei moved up slightly after three consecuti...
Tue, Oct 6 2009, 1:16 PM
A global advance in equities helped US stocks continue to rally on Tuesday. The last two days have seen stocks rise enough to erase losses from the pr...
Mon, Oct 5 2009, 11:27 AM
Trading has been volatile in the first 90 minutes on Monday but markets now appear to have found a direction. The only data release this morning was t...
Mon, Oct 5 2009, 11:27 AM
While delinquencies are still on the rise reflecting a continued weak economy and rising unemployment, Fannie Mae and Freddie Mac are also increasing ...
Mon, Oct 5 2009, 8:22 AM
Markets slipped 1.8% last week but overall September saw shares rise 3.6%, indicating that investors do not believe the market has overheated despite ...
Fri, Oct 2 2009, 12:38 PM
This morning’s employment report was called “terrible,” “dreary,” “bleak,” and “painful,” but halfway through the session equity markets are only mode...
Fri, Oct 2 2009, 8:17 AM
Mixed data caused US equities to simply plummet yesterday, marking the third straight decline in markets. The benchmark S&P 500 fell 2.6% on the day, ...
Thu, Oct 1 2009, 11:05 AM
Existing home sales could see a boost next month, according to an industry survey that looks at contracts that have been signed but not yet finalized....
Thu, Oct 1 2009, 8:24 AM
The fourth quarter begins today with a torrent of fresh data, plus speeches from Fed chairman Ben Bernanke and Atlanta Fed president Sandra Pianalto.
...
Thu, Oct 1 2009, 3:49 PM
The Federal Reserve today reported on their weekly purchases of agency mortgage-backed securities (MBS). In the five trading days between September 24...
Thu, Oct 1 2009, 3:20 PM
Mortgage interest rates are flirting with record low territory again according to the results of Freddie Mac's Primary Mortgage Market Survey. The su...
Thu, Oct 1 2009, 1:27 PM
Stocks are once again tumbling as talk of increased regulation is underway on Capital Hill. Fresh data on the nation’s manufacturing sector didn’t hel...
Wed, Sep 30 2009, 8:21 AM
Mortgage rates remained below 5% for the second week in a row, yet the low rates fail to spur increased appetite for refinancing, new loans, or purcha...
Wed, Sep 30 2009, 8:14 AM
It’s one day before the start of the fourth quarter and global stock markets are rallying. US equity futures are looking to erase yesterday’s losses, ...
Wed, Sep 30 2009, 2:07 PM
The Office of Thrift Supervision and the Office of Comptroller of the Currency reported on Tuesday that mortgage delinquencies and foreclosures are st...
Wed, Sep 30 2009, 1:52 PM
The stock market turned ugly this morning after an index from the windy city reported that business conditions were back in the red. An earlier report...
Tue, Sep 29 2009, 10:00 AM
Home prices continued to stabilize in 18 of the 20 metropolitan areas surveyed in July, an industry survey showed Tuesday. Thirteen of the 20 metro ar...
Tue, Sep 29 2009, 8:17 AM
Stock prices are trading lower this morning after yesterday’s blistering 1.78% gain. Commodity prices are mixed with oil slightly above $66, well belo...
Tue, Sep 29 2009, 2:31 PM
In their monthly summary, Fannie Mae today said their retained portfolio was unchanged at $779.4 billion in August of 2009. This follows an 18.2% cont...
Tue, Sep 29 2009, 1:32 PM
After an unexpected drop in consumer confidence spurred on a stock sell-off this morning, all three equity indexes are clawing their way back to uncha...
Mon, Sep 28 2009, 9:24 AM
Markets are looking optimistic this morning ahead of an insanely busy week. Monday begins slowly with no major macroeconomic data on the schedule, but...
Mon, Sep 28 2009, 1:04 PM
US equities were quick out of the gate on Monday morning. In just a few hours stocks have came close to erasing all of last week’s losses. As of 1pm, ...
Fri, Sep 25 2009, 10:47 AM
New home sales increased for the fifth straight month in August, but the 0.7% gain didn’t match the median estimate of +1.6%. The annual pace of sales...
Fri, Sep 25 2009, 8:13 AM
Equity futures are looking slightly up in anticipation of some major data releases this morning. Global markets have been mixed, while the US$ is stro...
