Friday, April 5, 2013

DailyMarkets.com - US Mortgage Rates And Mortgage Applications Decrease

DailyMarkets.com - US Mortgage Rates And Mortgage Applications Decrease


US Mortgage Rates And Mortgage Applications Decrease

Posted: 05 Apr 2013 07:34 AM PDT

This week mortgage applications have decreased 4% compared to a week earlier and mortgage rates have also gone down, although still above their record-low levels.

Almost all mortgages have decreased their rates this week, except for 1 year-adjustable-rate mortgage, which has increased its rate slightly compared to last week.

According to Freddie Mac 30-year fixed-rate mortgages have decreased from 3.57% last week to 3.54% this week.

15-year mortgages have gone down to 2.74% this week … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Barbados To Focus On Treasury Rates Instead Of Deposit Rate

Posted: 05 Apr 2013 05:07 AM PDT

    The Central Bank of Barbados (CBB) is launching a new approach to influencing interest rates by intervening directly in the market for Treasury bills instead of using the minimum deposit rate as a guide to affecting commercial banks’ lending rates and thus economic activity.
    The rationale behind the new policy was unveiled in a CBB working paper from last month  - Central bank intervention and interest rate policy in Barbados – that laid out the limitations of … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Central Bank News Link List – Apr 5, 2013: BOJ’s Kuroda: Monetary Onslaught Won’t Cause Asset Bubbles

Posted: 05 Apr 2013 03:48 AM PDT

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.

BOJ’s Kuroda: monetary onslaught won’t cause asset bubbles (Reuters)
Analysis: No plan B in Japanese central bank’s new playbook (Reuters)
ECB’s Coeure sees euro zone inflation straying off course … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Crude Oil, Gold May Rise On Disappointing US Jobs Data

Posted: 05 Apr 2013 03:46 AM PDT

Crude oil and gold may rise if a disappointing US jobs report reinforces the likelihood of continued aggressive stimulus from the Federal Reserve.
Talking Points

Gold Continues to Sink on Slumping Investor Demand, Silver Follows
Crude Oil, Copper Tumble on Disappointing US Employment Data

All eyes are on the March set of US employment figures into the end of the trading week. Expectations call for the economy to add 190k jobs, marking a slight slowdown from the 236k increase in February but … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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