Treasuries and mortgage bonds rose for the first time in four days after a report showed that spending by U.S. consumers rose less than forecast in November.
To every home owner, renovations and home improvements are the inevitable. After all, we all want to increase the value of our home, while making it more comfortable and homey for us to live in. But are renovations really improving the value of our home by much? And what improvements get you the biggest bang for the buck?
Imagine coming home to an empty house with all of your belongings gone. After some investigation you find out that all of your things have been thrown away because your home was mistakenly believed to have been foreclosed on. Sound awful? Well, this is exactly what happened to a Las Vegas Woman named Nilly Mauck.
USA Today had a great article on free credit reports today. While a majority of us proceed with caution and skepticism when we see an [...]
The stock market is up and mortgages are falling, even after the GDP report showed the world’s largest economy expanded less than forecast in the third quarter. Investors are fearful that the U.S. recovery will fuel inflation and reduce demand at record government debt sales.
Today’s GDP report revealed a slower than expected growth in the third quarter. Last month the GDP was 2.8%, and before that October showed promise with a 3.5% GDP. However, for the third quarter overall GDP from July through September came out at only 2.2%.
On Tuesday, President Obama picked Howard Schmidt, formerly a Bush administration adviser, to serve as the new national cyber-security coordinator. According to Reuters, Schmidt is the president of Information Security Forum.
Apparently the “Real Housewives” of Orange County aren’t as wealthy as they’d like to portray themselves. For those of you who have been living under a rock, Real Housewives of Orange County is a reality TV show based off of Desperate Housewives. The show consists of a group of housewives, and their everyday lives revolving around spending money, creating drama, and looking pretty. Deep stuff.
The Treasury is expected to announce that they will be auctioning a total of $120 billion. Some key economic data this week includes new and existing home sales, the latest survey on consumer sentiment and November’s durable goods orders.
Today, there are no scheduled economic releases. This morning, treasuries and mortgage bonds are opening relatively unchanged from yesterday’s close.