Lou Barnes real estate report brings up-to-date information on today’s real estate
market. Each report features real estate trends which provide useful insight for the consumer and real estate
professional regarding all aspects of real estate from one of the nation’s top financial market experts.
The debt is a real threat The potential collapse of the euro currency, sinking stocks and a dead job market here have combined to push long-term rates down. Ten-year Treasurys are trading at 3.57 percent despite a huge new borrowing next week, and mortgage rates are at 5….
More power to the Fed Despite the slide in the stock market, long-term rates held high (3.65 percent for the 10-year Treasury-note and 5.125 percent for mortgages), propped by the Fed's insistence that that the economy is "strengthening," and an….
It's the recovery, stupid It has been a big week. Since last summer, economic policy and markets have been frozen in anticipation of recovery. This period of apparent stability has been an illusion, with tension building, and markets and politics have begun disorderly….
Punishment in hardball form Long-term rates have continued a modest retreat from the December highs, 10-year Treasurys to 3.67 percent, mortgages sliding toward 5 percent.
Economy: Bad is the new good Over the holidays, long-term interest rates rose almost a half-percent, the 10-year Treasury note moving into the 3.8 percent range -- the highest since the "double top" last summer. Mortgages have held remarkably well, with the….
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