Archive for 'Consumer Confidence' Category
Rates Improve; Stocks Improve
12 March 2008Today’s mortgage rates are down, rates are better by around .375 to the price. Stock markets are up, and there was no news released.
On deck for tomorrow is a critical measure of consumer spending, the February Retail Sales Report.
Friday, we’ll get the CPI for February (Consumer Price Index) and the University of Michigan’s Index of [...]
Rates Down on Consumer Confidence, Empire Index
15 February 2008Mortgage rates dropped this morning on weak economic data, rates should improve by .375 to price.
The University of Michigan in their preliminary January report, showed an unexpected drop in consumer confidence.  In addition, the Empire State Index, a measure of New York manufacturing activity, plunged to its lowest level since 2003.
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