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U.S. Durable Goods Orders Fall Less Than Expected in March
Demand for big-ticket items in the U.S. dropped less than economists were expecting in March, according to the U.S. Commerce Department on Friday. Durable goods orders excluding transportation posted a drop of 0.6% despite forecasts for a 1.2% decline…(read more) More: continued here
Continue reading...U.S. New Home Sales Fall in March After Upward Revision to Previous Month
25. April 2009
New home sales in the U.S. fell slightly in March due to a strong upward revision to the previous month's figure, the Department of Commerce reported Friday. New home sales fell to an annualized pace of 356k, a 0.6% decrease from February, the report…(read more) More: continued here
Continue reading...Friday’s Events: U.S. Durable Goods, New Home Sales, G7 Meets in Washington
25. April 2009
U.S. durable goods and new home sales are the main economic data releases of the day, as the G7 finance ministers meet in Washington D.C. At 8:30 a.m. EDT, the U.S. Department of Commerce will release its March durable goods report. Economists expect…(read more) More: continued here
Continue reading...Mortgage Safety Net May Help More New Buyers Take the Plunge
25. April 2009
Is there a rainy day in your personal job forecast? That wouldn’t be surprising — with unemployment rates in double digits in several states, 8.2 percent nationwide and widely expected to hit 10 percent or higher by next year. More: continued here
Continue reading...Existing U.S. Home Sales Show a Bottom is a Long Way Off
24. April 2009
The drop in U.S. existing home sales in March indicates that the housing market is far from a bottom, economists say. Sales dropped more than forecast by 3.0% against a surprise 4.9% surge in February. Dimitry Fleming, an economist at ING, said Thursday's…(read more) More: continued here
Continue reading...U.S. New Home Sales Will Likely Continue to Struggle
24. April 2009
Despite some signs of relief in the U.S. housing market, most economists foresee continued challenges for new home sales over the coming months. After unexpectedly rising 4.7% in February to 337k, economists expect new home sales in the U.S. to remain…(read more) More: continued here
Continue reading...Long Term Fixed Rates Drop Below ARMs
24. April 2009
Mortgage interest rates continued to inch downward during the week ended April 23 and long term fixed rates are now an out-and-out better deal than ARMs from day one. Freddie Mac's weekly Primary Mortgage Market Survey released this morning reported…(read more) More: continued here
Continue reading...U.S. Jobless Claims Either Stabilizing or Affected by Seasonal Factors, Economists Say
24. April 2009
Despite an expected rise in weekly U.S. initial jobless claims, some economists are encouraged by a continued drop in the four-week average of claims, which they say could suggest the end of the recession. Others say seasonal factors are continuing to…(read more) More: continued here
Continue reading...How to Invest in Tax-free Mutual Funds
23. April 2009
Learn on How to Invest in Tax-free Mutual Funds. This step by step procedure will surely guide you in your investments.
Continue reading...Wednesday’s Events: Tsy’s Geithner, More Earnings
23. April 2009
The UK's budget, comments from Treasury Secretary Tim Geithner , and a bout of major earnings in the United States on Wednesday top the bill for the day's main economic events. At 7:30 a.m. EDT, UK Chancellor of the Exchequer Alistair Darling…(read more) More: continued here
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25. April 2009
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