The Day Ahead: Housing Starts, Building Permits, FOMC Statement
Posted To:MND NewsWire
The dollar is weaker and equities look to open higher as investors await the afternoon policy statement from the Federal Reserve Board. Two hours before the opening bell, Dow futures are up 16 points to 10,592 and S&P 500 futures are 2.00 points higher at 1,147.75. Commodities are also on the rise, with WTI crude oil up 18 cents to $79.98 per barrel and Spot Gold up $6.35 to $1,114.80. Key Events Today: 8:30 ? Snow storms and poor weather are expected to push Housing Starts down in February, following a 2.8% gain in January. Demand remains weak overall, though new construction on residential homes is up 21% from last year. Expectations among economists are diverse, ranging from 530k to 591k, and the consensus is 565k. “Although it is highly unlikely we will revisit the record lows…(read more)
This mortgage update is brought to you by: Patrick McGee – You can read the full article at The Day Ahead: Housing Starts, Building Permits, FOMC Statement
Mortgage Rates Waiting on the Federal Reserve
Posted To:Mortgage Rate Watch
Mortgage rates moved higher early Friday morning following a better than expected read on Retail Sales. However, as the day progressed, benchmark Treasury yields did move lower, helping mortgage-backed securities prices recover early session losses. Most lenders did not reprice for the better after these improvements though. After a slow week of economic data, the calendar picks up in the days ahead. Starting with manufacturing data this morning…. Each month, the New York Federal Reserve conducts a survey of approximately 175 manufacturing executives in New York State on the strength of business conditions. Readings above 0 indicate expanding or improving conditions while readings below 0 indicate contraction. This data has indicated steady improvements since August of 2009. The Empire State…(read more)
This mortgage update is brought to you by: Victor Burek – You can read the full article at Mortgage Rates Waiting on the Federal Reserve
Mortgage Loan Modification Tips – 4 Crucial Tips to Increase Your Chances For Approval
The following mortgage loan modification tips could help you improve your chances of being approved. Over one million individuals have been approved for loan modifications, saving their families the embarrassment of dealing with the foreclosure process.
This mortgage article brought to you by: ezinearticles.com – Read the full article at Mortgage Loan Modification Tips – 4 Crucial Tips to Increase Your Chances For Approval
Application Guidelines For a Chase Mortgage Modification Through the Stimulus Package
Are you behind in your Chase Mortgage payments? Are you behind in your Chase Mortgage payments?
This mortgage article brought to you by: ezinearticles.com – Read the full article at Application Guidelines For a Chase Mortgage Modification Through the Stimulus Package
A General Overview of Obama’s Mortgage Modification Plan
We’ve all heard about it in the news. Everyone has been buzzing about Obama’s Mortgage Modification Plan. The 2009 Stimulus Package had $75 Billion worth of funding to help slow down the foreclosure rate. Foreclosure is at an all-time high in the United States.
This mortgage article brought to you by: ezinearticles.com – Read the full article at A General Overview of Obama’s Mortgage Modification Plan