by countyproperties | Apr 27, 2008 | Finance
U.S. LEADING INDEX UP SLIGHTLY AFTER FIVE CONSECUTIVE MONTHLY DECLINESThe U.S. leading index rose 1 percent in March following five straight months of declines, due largely to the ongoing credit crisis and a slumping housing market, according to the latest data...
by countyproperties | Mar 21, 2008 | Finance
S&P sees end to subprime mortgage writedownsStandard & Poor’s said subprime write-downs for large financial institutions are likely past the halfway mark, but they could still hit $285 billion.MAKING SENSE OF THE STORY FOR CONSUMERS”¢...
by countyproperties | Oct 5, 2007 | Finance
Mortgage resets: Ignorance may be bliss, but it could mean a lot of pain for all the players in the subprime crisis when a record number of adjustable rate mortgages reset. NEW YORK (CNNMoney.com) — About $50 billion in adjustable rate mortgages reset this...
by countyproperties | Aug 17, 2007 | Finance
Associated Press NEW YORK – Stocks soared Friday after the Federal Reserve did what Wall Street was clamoring for and cut its key discount rate a half percentage point. The move quelled credit worries at least for the time being and sent the Dow Jones...
by countyproperties | Aug 3, 2007 | Finance
The lending market lost its rudder and took a nosedive last week and interest rate on some programs went up as investors stood on the sidelines in confusion. Where does an Investor put his or her money now? Unemployment is up slightly to 4.6%…the Jobs Report...
by countyproperties | Jul 20, 2007 | Finance
A record week for the Dow Jones, pushing over 13,900 for the first time ever. Perception is 90% of reality- nobody wants to hear negative news (retail sales took a dive, the subprime market lingers like a bad hangover, gas prices are up, the housing market crunched...
