Friday, October 12, 2012

DailyMarkets.com - Slight Increase In All US Mortgage Rates

DailyMarkets.com - Slight Increase In All US Mortgage Rates

Slight Increase In All US Mortgage Rates

Posted: 12 Oct 2012 07:36 AM PDT

This week all US mortgage rates have increased across the board for the first time in over 6 months. Although all mortgage rates are still at record lows, taking advantage of these rates while they're still low can save you a lot of money in the long run.

30-year fixed-rate mortgages have increased from 3.36% last week to 3.39% this week. This is only a 0.03% rate increase, and these rates are now at their second lowest level in more than 40 years.

15-year mortgage rates have increased … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Euro Recovery May Be In Jeopardy

Posted: 12 Oct 2012 06:18 AM PDT

Friday, October 12, 2012
The Euro’s rally in spite of a downgrade of Spain’s debt rating was impressive, though many analysts were expecting such an action. Much better than anticipated, the U.S. weekly jobless claims figures supported the Euro vs. the U.S. Dollar even though the Labor Department reported some “technicalities” with this week’s figure that make the data “suspect”.
Fundamentals
The over 1,000-pip recovery in the value of the Euro vs. the U.S. Dollar since late July caught many … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Is The Bear Market In Coal Over?

Posted: 12 Oct 2012 05:26 AM PDT

… [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Crude Oil, Gold May Rise As Risk Appetite Ends Week On The Upswing

Posted: 12 Oct 2012 04:41 AM PDT

Crude oil and gold prices may end the week on the upswing as S&P 500 index futures point to firming risk appetite before the opening bell on Wall Street.
Talking Points

Commodities Treading Water Ahead of US Consumer Confidence Data
S&P 500 Index Futures Point to Risk-On Mood Prevailing into Week-End

Commodities are treading water ahead of the opening bell on Wall Street as traders wait for the release of the University of Michigan's gauge of US Consumer Confidence. Sentiment is … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Vote For Best Financial Blog Of 2012

Posted: 12 Oct 2012 04:00 AM PDT

Thanks to our friends at eWallstreeter for making the effort to organize and run a poll for the best financial blog of 2012.
Is there any doubt that the blogosphere has changed the manner in which news and opinion in our nation are disseminated? So many bloggers, both financial and otherwise, produce fabulous work and evoke the true American spirit in the process. I tip my hat to bloggers everywhere for engaging in debate in the public square. In fact I would go so far as to say that given the … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards
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