Tweet (Best Syndication News) Mortgage interest rates advanced as capital markets migrated back into riskier assets (see the mortgage rate chart below). All of the major banks, including JPMorgan Chase, Bank of America, Citibank, and SunTrust, started moving their rates higher. Benchmarks Positive news from Washington propelled the Dow to triple-digit gains two-straight days. Both [...]
December 19, 2012 | Posted in
World |
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Tweet (Best Syndication News) Mortgage interest rates slipped as equities sank and then advanced later in the session (see the mortgage charts below). Nearly all of the major banks, including JPMorgan Chase, KeyBank, Bank of America, and Wells Fargo, lowered their loan rates. Benchmarks The Dow muddled around the par mark throughout the day before [...]
December 6, 2012 | Posted in
Credit and Loans |
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Tweet (Best Syndication News) Mortgage interest rates continued to trend lower today as secondary lenders reacted to a changing marketplace (see the mortgage rate charts below). Citibank, PNC, JPMorgan Chase, and Bank of America all lowered their loan products. Benchmarks Weak earnings reports and concerns of a global economic slowdown spurred a sell-off on Wall [...]
October 24, 2012 | Posted in
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Tweet (Best Syndication News) Mortgage interest rates were higher today while many lenders shifted their loan products in the opposite direction (see the mortgage rate charts below). Citibank and U.S. Bank raised the mortgage rates while JPMorgan Chase and KeyBank lowered them. Benchmarks Stock prices were higher today as investors anticipated a positive announcement from [...]
September 12, 2012 | Posted in
Credit and Loans |
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Tweet (Best Syndication News) Mortgage interest rates moved slightly higher today as secondary lenders shifted yield rates in opposite directions (see the mortgage rate charts below). SunTrust and JPMorgan Chase lowered their loan rates while KeyBank and Bank of America raised them. Benchmarks The Dow eked out a positive number despite a warning from Federal [...]
September 6, 2012 | Posted in
World |
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Tweet (Best Syndication News) Mortgage interest rates were trending higher last week as capital markets began to shift back into equities (see the mortgage rate charts below). PNC and KeyBank raised their rates as lenders made adjustments to the risk-on atmosphere on Wall Street. Benchmarks Although the DJIA was down 0.43 percent on the week, [...]
March 12, 2012 | Posted in
World |
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Tweet (Best Syndication News) Stock markets are opening higher in Europe after closing lower in Asia on Wednesday (see the stock charts below). The Dow dropped more than 200 points on Tuesday as traders worried about the Greek debt situation. Although European leaders agreed to the second round of bailouts for the Hellenic Republic, Greek [...]
March 7, 2012 | Posted in
Investing |
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Tweet (Best Syndication News) Mortgage interest rates were lower today while worried traders sought safe-haven investments again (see mortgage rate charts below). PNC, Citibank, and several other banks were among the lenders making changes. Benchmarks Weak German retail numbers spooked investors ready to take some profits after the Dow toyed with 13,000 again on Thursday. [...]
March 3, 2012 | Posted in
Credit and Loans |
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Tweet (Best Syndication News) Stock prices barely squeaked into positive territory after European debt worries reappeared Tuesday (see the stock charts below). The Dow and NASDAQ ended positive while the S&P 500 remained negative. Weaker than expected retail sales numbers and a downgrade of European sovereign debt put pressure on stocks today. EU Finance Ministers [...]
February 15, 2012 | Posted in
World |
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Tweet (Best Syndication News) Mortgage interest rates were lower today as capital markets shifted money away from safe-haven investments (see mortgage rate charts below). Wells Fargo, Chase KeyBank, and Bank of America made change. Benchmarks Stocks were lower again today while traders moved their money away from the safety of government Treasuries. The Dow has [...]
January 25, 2012 | Posted in
World |
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