Unemployment rate drops to a near three-year low, mortgage rates drop to all-time lows, and the stock market closes with mixed results. Live from Detroit, it’s your Market Update!
Unemployment Rate Shows Jobs Are Growing – Market Update
by Eric Mally on February 3, 2012 in Market Update
Mortgage-Backed Securities are Up, Treasuries are Down – Market Update
by Eric Mally on January 10, 2012 in Market Update
Mortgage-backed securities are up slightly, treasury prices are down, and all three stock indexes saw gains yesterday. Get ready for your market update, people!
Investors Flocking To Treasuries – Market Update
by Eric Mally on December 16, 2011 in Market Update
Europe is struggling to find a solution to their debt crisis, investors are flocking to treasuries, and all three major indexes ended a three-day losing streak by closing in the green yesterday.
Treasury Prices Down Amidst Pessimism – Market Update
by Eric Mally on October 5, 2011 in Mortgage Rates
Optimism and treasury prices have dwindled regarding finding a solution to the debt crisis.
Possible Solution to European Debt Crisis Causes Treasuries to Fall – Market Update
by Stephanie Koske on September 27, 2011 in Market Update
While treasuries continue to plummet, European nations receive further pressure to dispel accumulating debt.
Fed Admits Another Recession is Likely – Market Update
by Kristen Curzytek on September 26, 2011 in Market Update
European debt worries continue to bog down market optimism, as treasury prices saw large gains last week. The Fed’s announcement of “Operation Twist” was largely expected last week.
The Fed’s New “Operation Twist” Creates a Spike in Treasury Prices – Market Update
by Stephanie Koske on September 22, 2011 in Market Update
Treasury prices accelerate as the effects of “Operation Twist” continue to impact the economy.
Debt Sparring “Operation Twist” to be Announced This Week – Market Update
by Stephanie Koske on September 19, 2011 in Market Update
The Fed’s anticipated announcement of the “Operation Twist” plan has created a sharp climb in treasury purchases.
European Powers Speculated to Let Greece Default on Debt – Market Update
by Kristen Curzytek on September 13, 2011 in Market Update
It’s looking more and more like Germany and other European powers are going to let Greece default on their debt, keeping investor bearish, due to fear of global economic slowdown.
Concerns of Inflation Arise – Market Update
by Victoria Araj on January 26, 2011 in Market Update
Treasury and mortgage prices are lower today on speculation that the Fed will stay the course with QE2. Bond investors are concerned that the combination of QE2 and positive economic news could fuel inflation.
- Wall Street Journal: Picking a Place to Retire May 10, 2012
- Wood Deck Protection and Maintenance May 14, 2012
- Detroit’s New Soccer Team Aims to Connect Communities Through Sports May 14, 2012
- Wood Deck or Cement Patio? It’s a Tough Call May 9, 2012
- Mortgage Rates Set Record Lows for Second Consecutive Week May 10, 2012
- Consumer Alert: Beware Companies Posing as Quicken Loans! April 19, 2011
- Buying a Home After Bankruptcy November 11, 2005
- Top 5 Reasons to Buy a Home in 2012 January 6, 2012
- Quicken Loans Lowers Minimum Credit Score Requirement on FHA Loans January 21, 2011
- The Quicken Loans Mortgage Process Gets Even Better: Introducing the New MyQL! January 10, 2012















