Friday, February 22, 2013

DailyMarkets.com - 5-Year US Mortgage Rates Still At Record Low

DailyMarkets.com - 5-Year US Mortgage Rates Still At Record Low


5-Year US Mortgage Rates Still At Record Low

Posted: 22 Feb 2013 06:34 AM PST

Since the start of 2013, mortgage rates have increased and decreased substantially, going up and down quickly and with no warning. Most of these fluctuations of the mortgage rates have resulted in high interest rates, while only one has gone down substantially compared to its previous rate: 5-year mortgage rates are now at a record low level which hasn't been seen in almost half a decade.

This week 30-year fixed-rate mortgages have reached their highest rate in 2013, going from 3.53% last … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Central Bank News Link List – Feb.22, 2013: There’s Plenty Of Stimulus In The Pipeline, Says RBA’s Stevens

Posted: 22 Feb 2013 05:01 AM PST

Here’s today’s Central Bank News link list, click through if you missed the previous link list. The list comprises news about central banks that is not covered by Central Bank News. The list is updated during the day with the latest developments so readers don’t miss any important news.

There’s plenty of stimulus in the pipeline, says RBA’s Stevens (dow jones/Australian)
2nd LTRO repayment below market expectations (dow jones)
Bernanke said to minimize asset-bubble concern at … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

CFO Survey: A Time Of Extraordinary Risk

Posted: 22 Feb 2013 03:53 AM PST

Who might that be flashing the warning signals about our markets and our economy?
Well, I am always predisposed to look for risk on the horizon so that we can all navigate accordingly but the quote referenced in the title of this commentary comes not from me but from professors at Duke University's Fuqua School of Business.
What prompts them to make that statement? Only a survey of over a thousand global CFOs that projects economic activity a quarter ahead of most other surveys. Now that is … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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