In real estate, the term existing home refers to a “used” property; one that can’t be classified as new
construction.
The number of existing homes sold each month is tracked by the National Association of REALTORS. The report is often used as a gauge for the health of the real estate...
Henry “Hank” Paulson announced they are using Tarp money to target consumer loans (credit cards, car loans, Home Loans) immediately. The Name of the entity “TALF” – Term Asset Back Loan Facility. Six Hundred Billion will be allocated to Fannie Mae, Freddie Mac, and Ginnie Mae. The...
Today at 1 p.m. EST. President – Elect Barack Obama named his Economic Team, a team many pundits are saying both sides can appreciate. The Dow maintained its second day in the Green; Friday and today represent the DOWs Biggest 2 day point game since October 1987. As you can see from the chart mortgage...
Posted by
admin on Nov 24, 2008 in
Economy |
0 comments
President – Elect Barack Obama Names Economic Team
Timothy Geithener – Treasury Secretary
Lawrence Summers – Head of National Economic Council
Christina Romer - Council of Economic Advisers
Melody Barnes – Director of Domestic Policy Council
President – Elect Barack Obama...
It’s a holiday-shortened week. Fewer traders will be working as the week moves forward, making the Price Discovery process more difficult. With fewer active buyers and sellers, wild price swings are likely and mortgage rates should feel the impact.
Markets will debate the Citigroup Bailout,...
