November 2011
Correcting a 'no-cost refis are a scam' article on Zillow.
Mortgage Applications -Purchase Index, Week/Week +4.8 % -Refinance Index, Week/Week +12.1 % -Composite Index, Week/Week +10.3 % -Lower rates = more mortgage applications. Wholesale Inventories -Inventories – Month/Month change -0.1% -This relates to the Consumer Metrics Institute Absolute Demand Index which had fallen from October 29 to November 6 and finally stopped falling yesterday. The
Today's links on Eurozone chaos, Chinese inflation, and Bernanke supporting small business.
Remember when borrowers would refinance and actually take cash out? Not so much anymore.
All key stats from Zillow's 3Q home price report.
Latest on loan limit debate in Washington. Now to Nov 18 is key.
Infographic and a word on who creates infographics and why.
Today's retail sales and consumer activity stats.
Sunday links: latest on Greece, jobs, blogging, Wall St lies
This is going to get uglier. MF Global was what is called a FCM (Futures Commodities Merchant.) It was a major player in the options and futures business. Apparently they made a big bet on Eurozone debt which turned out to be a disaster. When they tried to sell the company to another FCM it
Last week's rates in 3 tiers: loans to $417k, loans to $625k, loans to $2m.
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