Market Update
With Consumer Confidence increasing and lower oil prices, bond market prices are lower as the stock market rallies. US consumer confidence halted a six-month slide in July, bouncing off its lowest level in more than a decade as worried over inflation receded slightly. US home prices plunged at a record pace in May [...]
Archive for July, 2008
Interest rates 7-29-08
Posted in Uncategorized on July 29, 2008 | Leave a Comment »
Be of Service
Posted in Uncategorized on July 29, 2008 | Leave a Comment »
http://greatday.com/
Last Week in review
Posted in Uncategorized on July 29, 2008 | Leave a Comment »
“NO MATTER HOW FAR LIFE PUSHES YOU DOWN, NO MATTER HOW MUCH YOU HURT, YOU CAN ALWAYS BOUNCE BACK.” WNBA player Sheryl Swoopes. And bouncing back is exactly what Bonds and home loan rates tried to do last week after being pushed to their worst levels of the year.
Bonds and home loan rates managed [...]
Interest rates and crude oil down
Posted in Uncategorized on July 29, 2008 | Leave a Comment »
Market Update
Mon, Jul 28 – 12:42 PM ET
Falling stock prices, financial firm worries and bleak economic outlook spells – H-I-G-H-E-R B-O-N-D P-R-I-C-E-S.
11:10 AM ET – Mortgage Bonds reach highest levels of the day. A report out today says that Mortgage Bonds created by Fannie and Freddie are attracting buyers because the debt yields about [...]
Interest Rates
Posted in Uncategorized on July 29, 2008 | Leave a Comment »
Market Update
US jobless claims jumped 34,000 last week, in part reflecting seasonal volatility typical at this time of year, but also indicating that jobs were hard to find. US home sales dropped 2.6% in June, dragging the annual sales pace to the lowest since early 1998. On the upside, the bond market prices are [...]
Magnolia Bluff Market Update 7-23-08
Posted in Uncategorized on July 23, 2008 | Leave a Comment »
Market Update
The bond market was climbing as investors, neck-deep in earnings statements, mulled over the prospect of government aid for the mortgage industrry and a continuing decline in oil prices.
The Federal Reserve will release its beige book, a summary of anecdotal economic information collected by each of the central bank’s regional branches.
Outside the earnings [...]
Magnolia Home Best Buy
Posted in Uncategorized on July 22, 2008 | Leave a Comment »
http://mls.searchmagnolia.com/srch_mls/detail.php?mode=off&LN=28073200&t=&l=listed
Magnolia Bluff Interest Rates up Today
Posted in Uncategorized on July 22, 2008 | Leave a Comment »
Market Update
Tue, Jul 22 – 12:15 PM ET
Increased talk of Fannie Freddie bailout, Fed on inflation and supply issues all weigh on Bond prices. The Dow moves into the black. Oil drops alomost $5 to $126 down from $147.27 achieved on 7/11.
10:24 AM ET – Mortgage Bonds continue to fall – currently at worst [...]
Magnolia Bluff real estate, has the market bottomed?
Posted in Uncategorized on July 22, 2008 | Leave a Comment »
Maybe, there are preliminary signs of increased transactions. Interest rates have been going up and will continue in the long term because of inflation and the pricing in of risk. Some buyers are buying because of large selection, lower prices and the perception a bottom may be close.
Greg Shaw
Magnoliabluff.com
searchmagnolia.com
Last week in review
Posted in Uncategorized on July 21, 2008 | Leave a Comment »
Last Week in Review
“IT’S A BEAUTIFUL THING, DIVING INTO THE COOL CRISP WATER.” Olympic Gold Medalist Dawn Fraser. Diving may be a beautiful sport at the Olympics, but it’s not a beautiful thing to watch in the Bond market. And that’s exactly what happened last week, as Bonds dove to their worst levels so [...]
