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By Tony Stevenson/SWBC Mortgage
Concerns over a euro breakup stifled a rally Friday leaving the DOW to close at 11,866.39 for the week. Here in the U.S., Congress seems to have worked out a short-term deal to extend the tax cuts for the middle class while the GOP attached a bill that forces the administration to make a decision on the ...
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By Tony Stevenson/SWBC Mortgage
Stocks finished mostly flat Friday as the DOW ended at 11,796.16 but, down from the previous week. The European debt crisis seems to be weighing heavily on all markets for the time being. However, the positive seems to be outweighing the negative economic picture here at home in the U.S. A string ...
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By Tony Stevenson/SWBC Mortgage
Economic News Week: November 7, 2011
The Dow Jones Industrial average fell 61.23 points, or 0.5 percent and ended at 11,983.24 for the week this past Friday. Our nation’s unemployment report remains on shaky ground. However, it did drop slightly to 9.00% in October, down from 9.1% just the month ...
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By Tony Stevenson/SWBC Mortgage
Economic News Week: October 17, 2011
In less than two weeks, U.S. stocks have staged a remarkable recovery that saw some major indexes climb from the depths of near-market despair to positive territory for the year. The DOW climbed this past Friday 166.36 points or 1.45% to 11644, taking its gains since early ...
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Mortgage Update: 10/01/09 We are currently seeing some of the best interest rates in recent memory. Rates on conventional loans are back in the high 4’s for well qualified buyers, while rates on FHA loans are as low as 5.0% on 30 year fixed rate loans. 100% loans are still available for veterans and for low to moderate income buyers on USDA ...
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