Retail Sales Drop; Corporate Profits Through the Roof – Daily Mortgage Rate Update for July 14th, 2010
July 14, 2010 by Dan Hartman · 2 Comments
Home prices in Rhode Island and Massachusetts increased by 5.5% and 5.7% respectively year-over-year in May.
Alcoa Profits Beat Expctations; Stocks May Be Poised to Run – Daily Mortgage Rate Update for July 13th, 2010
July 13, 2010 by Dan Hartman · 4 Comments
The trade deficit does say one positive thing for interest rates: there are now $42.3 billion more that need to be spent on US assets, and the most common asset that foreign investors tend to purchase is long-term US Treasury securities.
Busy Week Begins With Nervous Anticipation – Daily Mortgage Rate Update for July 12, 2010
July 12, 2010 by Dan Hartman · 1 Comment
Inflation is of huge importance to mortgage rates and other fixed-income securities, as too-high inflation will force the Federal Reserve’s hand and require interest rate increases.
