Archive for June, 2009

8 June

ALL BUSINESS: Bond-market rout lifts mortgage cost (AP)

The Federal Reserve announced a $1.2 trillion plan three months ago designed to push down mortgage rates and breathe life into the housing market.

8 June

Unemployment Duration Goes Higher (Zacks.com)

The big under-reported part of the unemployment situation is the increasing duration of unemployment.

8 June

Ky. mortgage rates up over week (at bizjournals.com)

8 June

Ohio, Ky. mortgage rates up over week (at bizjournals.com)

8 June

More CRE Mortgages Going Bad (Zacks.com)

Multifamily loans appear to be holding up better than other commercial property loans.

8 June

Mortgage Rates: New High for 2009 (at Seeking Alpha)

8 June

Fannie Mae Redemption (PR Newswire)

Fannie Mae will redeem the principal amounts indicated for

8 June

How to rebuild US home prices and fix the economy (at FT.com)

There are tentative signs that the US housing market is approaching a bottom but it is premature to declare that recovery is under way. Mortgage rates are low and tax credits to first-time buyers and lower prices are raising interest in home buying.

8 June

How to rebuild US home prices and fix economy (at FT.com)

There are tentative signs that the US housing market is approaching a bottom but it’s premature to declare that recovery is under way. Mortgage rates are low and tax credits to first-time buyers and lower prices are raising interest in home buying.

8 June

[$$] Overheard: Countrywide’s Excesses (at The Wall Street Journal Online)