Todays Mortgage Rates Headlines
Euro Selling May Resume as German Jobs Data Underscores ECB Paralysis
Euro selling may resume in European trading hours after the single currency paused to consolidate in the overnight session as robust German jobs data highlight the economic disparity and likely monetary policy paralysis in the Euro Zone.
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Dollar Advances for the First Time in Four Days as Speculative Uncertainty Crowds Out Positive Data
Following a run of three consecutive daily declines against its benchmark euro counterpart through Friday, the US dollar snapped is losing streak with a steady and encouraging rally.
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Dollar Traders Will have to Determine Currency’s Safe Haven Role with Friday’s GDP Revisions, Bernanke Commentary
The economic docket was relatively light for the US dollar; but that wouldn’t prevent the currency from drifting off its fundamental mooring. The favored reserve fiat would put in for its second consecutive decline.
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Maine sales of existing homes fall 30%, but median price rises
WASHINGTON — Home prices in many parts of the country scream bargain, and mortgage rates haven't been this low for decades. No matter.
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Recession hits average pay
THE full impact of the recession was revealed today with the release of new figures showing workers on average suffered a real-terms pay cut of 1.7 per cent over the past 12 months.
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Dollar Actually Loses Ground as Pessimism Washes Over the Markets, Is this a Permanent Divergence?
It is one of the most dependable fundamental correlations Forex traders have to work with: as one of the market’s favorite safe haven currencies, the US dollar moves inversely to risk appetite.
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Bill Gross: Refinance Wave Could Lift Home Prices
Bill Gross plugs a plan that would allow millions of homeowners to refinance their mortgages at todays historically low rates.
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