Find out how much you can save with our low mortgage rates. Let's talk today!

Tag Archives | Financial News

Quiet Week for Economic News – Market Update

Friday closed with a major sell-off caused by better than expected employment numbers. So what does that mean for the week ahead?

...Read Full Story

Jobs Report Hinders Stock Market – Market Update

Mortgage rates dropped to a two-month low yesterday in anticipation of the jobs report today.

...Read Full Story

Ten-Year Securities Snapped After Two Days of Gains – Market Update

Ten-year securities snapped after two days of gains, despite speculation economic growth will slow as the Federal Reserve reduces its stimulus efforts.

...Read Full Story

Increased Manufacturing Orders May Boost Economy – Market Update

News of increased manufacturing orders in December due today may boost consumer confidence and improve stock market yields.

...Read Full Story

Stocks Rising This Morning – Market Update

The bond market is up this morning with the rally being driven by a disappointing unemployment report. There are still lesser economic numbers getting released throughout the day, which has the potential to move the markets.

...Read Full Story

Multiple Economic Reports This Week – Market Update

Highlighted by multiple reports that will give an indication of the health of our economy, this week will be full of data for you to consume.

...Read Full Story

European Banks Pay Back Loans – Market Update

The markets got a dose of good news overnight. Banks in Europe decided to pay back a large amount of the money they borrowed.

...Read Full Story

Debt Ceiling Debate Continues – Market Update

The U.S. Government could not win yesterday in the eyes of the market. If they don’t raise the debt ceiling, then the government will default on their debt.

...Read Full Story

U.S. Home Sales Report Released Today – Market Update

The mortgage-backed bond market is down slightly from Friday morning, and the market awaits this morning’s U.S. home sales report.

...Read Full Story

GE Beats Earnings Estimates – Market Update

It’s earnings time, and mortgage income is helping the big banks out like Wells, Chase, Morgan Stanley and even Bank of America. GE released earnings yesterday that beat estimates.

...Read Full Story