Archive for 'Durable Goods Orders' Category
Existing Home Sales Up, Rates Increase
24 March 2008The stock market rallied and mortgage rates increased today on stronger than expected economic February Existing Homes data. For the first time in a while housing improved over the previous month, when it was widely expect to weaken. Rates will be worse by about a half point to the price [...]
Bernanke Testifies More Rate Cuts Likely
27 February 2008Rates were down today after Fed Chair Ben Bernanke testified to Congress that the Fed may continue to lower rates, despite strong inflationary pressure. Rates will improve by at least .375 to the points.
Durable Goods Orders for January were reported today, showing a much steeper decline than had been expected. New Home Sales for [...]