18 Mar
It has been a few days since I updated Leading Rich, but I am sure you have heard the latest and if you missed it, here it is again.
Bear Sterns stock price was nearly $160 per share last year, it was trading at $58 on Thursday March 13 then fell to $30 on Friday March […]
Posted in Economy, Federal Reserve, Real Estate, Recession, Stagflation by: Leading Rich
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04 Mar
This morning Federal Reserve Chief speaking to a group of Bankers in Orlando Florida.
As reported by Yahoo.com Business News
“This situation calls for a vigorous response,” Bernanke said in a speech to a banking group meeting in Orlando, Fla.
Even with some relief efforts under way by industry and government, foreclosures and late payments on home […]
Posted in Economy, Federal Reserve, Real Estate, SubprimeMortgages by: Leading Rich
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29 Feb
The week started off with week earnings from Nordstrom, reporting that they are in for a tough 2008, followed by a report by the National Association of Realtors that existing home sales slipped in January 2008. Sales fell .4 percent to 4.89 million units in January 2008, 23.4 percent below January 2007 6.44 million-units. […]
Posted in Economy, Federal Reserve, Personal Finance, Real Estate, Recession, Stagflation by: Leading Rich
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21 Feb
Foreclosure Self-Defense For Dummies brings foreclosure information out of the headlines and into the hands of people who need it most.
DETROIT, Feb. 19 /PRNewswire/ — Foreclosure self-defense expert Ralph R. Roberts, GRI, CRS, announced the publication of his new book Foreclosure Self- Defense For Dummies (Wiley, February 2008, 332 pages) today. The book, co- written […]
Posted in Economy, Mortgage, Real Estate, SubprimeMortgages by: Leading Rich
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21 Feb
NEW YORK, Jan. 31 /PRNewswire-FirstCall/ — After the sharpest four-week decline in more than 18 years, mortgage rates bounced back, with the average conforming 30-year fixed mortgage rate now 5.88 percent. According to Bankrate.com’s weekly national survey of large lenders, the average 30-year fixed mortgage has an average of 0.38 discount and origination points.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040122/FLTHLOGO […]
Posted in Mortgage, Personal Finance, Real Estate by: Leading Rich
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