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Mortgage rates plummet after Fed action
By Amy Hoak, MarketWatch CHICAGO (MarketWatch) -- Mortgage rates for fixed-rate loans plummeted this week, after the Federal Reserves actions to increase liquidity in the mortgage market, Freddie Macs chief economist said on Thursday.
Source: MarketWatch
Views: 00 comments on "Mortgage rates plummet after Fed action"
Friday, 09 January 2009
Hoenig: Fed needs plan to withdraw liquidity
DENVER (Reuters) - The Federal Reserve must have a plan to withdraw the hundreds of billions of dollars it is pumping into the economy or risk creating inflation during the...
(Source: Reuters) read more...
Friday, 09 January 2009
Dollar Heads for Weekly Loss Against Yen Before US Payrolls
By Ron Harui and Ye Xie Jan. 9 (Bloomberg) -- The dollar headed for its first weekly loss against the yen in three weeks before a US payroll report that may show the economy lost jobs...
(Source: Bloomberg) read more...
Friday, 09 January 2009
Lenders Backlogged By Refinancing Rush
By Dina ElBoghdady Borrowers are rushing to refinance their mortgages at record low rates but face unexpected delays as swamped lenders struggle to cope with the surge at a time...
(Source: Washington Post) read more...
Friday, 09 January 2009
As His Inmates Grew Thinner, a Sheriff’s Wallet Grew Fatter
By ADAM NOSSITER DECATUR, Ala. - The prisoners in the Morgan County jail here were always hungry. The sheriff, meanwhile, was getting a little richer.
(Source: New York Times) read more...
METALS STOCKS Gold futures fall for third session on stronger dollar » (MarketWatch)
Logitech scraps guidance, unveils job cuts » (MarketWatch)
Oil rises on geopolitical tensions, stimulus plans » (MarketWatch)
METALS STOCKS Gold ends below $860 as dollar strengthens » (MarketWatch)
- Citigroup Backs Bankruptcy Courts Cutting Loan Rates
- Wal-Mart, Sears Will Revert to Form
- Chevron Sees Significantly Lower Fourth-Quarter Earnings
- Prosecutors: Madoff hoarded $300M
- Consumers borrow less than expected
- Walgreen offering $1 billion in notes
- Mortgage rate relief might not last long
- Bank of America’s Greg Fleming Said to Leave for Yale
- Mag Bag: Country Home Shutters
- Unlocking the iPhone 3G - or maybe not
- No Steve Jobs or big announcements expected at Macworld
- Moms Protest Facebook Breast Feeding Pics Policy
- IE share slides record amount, ends 2008 down 10%
- Israel pursues diplomacy but presses attacks
- Attacks Occur as Iraq Takes Control of Key Sites
- Cuba Marks Revolution’s Anniversary
- Thai Police Probe Cause of Club Blaze That Killed 59
- 2 skiers killed in Canadian avalanches

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