Mountain View Mortgage
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 Mortgage News Daily - Mortgage And Real Estate News
In Face of Conflicting Economic Reports, Interest Rates Stand Pat - 4 hours ago
Mortgage interest rates for the week ended August 14 as reported from data collected by Freddie Mac from its Primary Mortgage Market Survey drifted in a very narrow range as they have done for most of 2008.The Mortgage Bankers Association (MBA) released its Weekly Mortgage Applications Survey for the week ending August 15 on Wednesday... Read More Now
NAR Commercial Leading Indicator Weakens, Projecting Further Declines - 5 hours ago
A leading indicator for the U.S. commercial real estate market continued decelerating for the fourth consecutive quarter on Wednesday, according to the National Association of Realtors, who also said that commercial real estate activity would weaken over the next six to nine months. Read More Now
Wednesday's Events: Cdn Retail Sales; BOC to Sell Two-Year Note; DOE Oil Inventories - 5 hours ago
Canadian retail sales followed by the U.S. Department of Energy's weekly oil inventories will hold the focus of Wednesday's news releases on what is shaping up to be a mild day of economic news for North America. At midday, markets will also be paying attention to the Bank of Canada selling C$3.6 billion in two-year notes. Read More Now
More Negative Press for Fannie and Freddie - 23 hours ago
Last week former Federal Reserve Chairman Alan Greenspan strongly criticized the form of the Congressionally mandated Freddie Mac/Fannie Mae "backstop" program and a survey by the Wall Street Journal found that a small majority of economists involved thought the bailout of the two government sponsored entities (GSEs) would ultimately be invoked, handing taxpayers responsibility for their $5.2 trillion debt.Meanwhile, more voices were added to the chorus of experts and pundits predicting that government intervention will be required. Read More Now
Fed's Lacker Says Rate Hike Should Come Sooner Rather than Later - 23 hours ago
Speaking in an interview with Bloomberg TV, Richmond Federal Reserve President Jeffrey Lacker (non-voter) said the Fed should not wait too long for a rate hike.The Richmond Fed President said inflation will slow if oil prices drop. He added that inflation is still a "risky situation," and that keeping inflation in check requires a tight monetary policy... Read More Now |
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BWC Mortgage Services
2083 Old Middlefield Way, Suite 206, Mountain View, CA 94043
Office: (650) 625-0204 Mobile: (650) 996-2661 Fax: (650) 625-0206
California Department of Real Estate
Real Estate Broker License Number 01218426
California Department of Real Estate License Information (916) 227-0931.
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