Is Housing Headed for Another Bust or Boom?
At least twice a day over the past six months, various clients, consultants, friends, and even family members have asked me for a prediction about the real estate development market. Every time it is asked, I hear this Shakespeare quote over and
US investment house recommends long EUR/USD possie
Traders note that a US investment bank is recommending long EUR/USD possie. Target 1.4500, stop 1.3500. Will help explain part of the rally this morning. Take it for what you will. It’s one bank’s research departments’ opinion, albeit a well r
House Prices Post 10th Consecutive m/m Rise
While other house price surveys have shown the rally in UK house prices running out of steam, FT/Acadametrics latest survey shows it continuing unabated.
GBP Rises for Second Day Against Dollar as House Prices Jump
The pound rose for a second day against the dollar after a report showed U.K house prices increased at the fastest pace in seven years last month.
Mortgage Rates Drop Slightly in Freddie Mac Weekly Survey
Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 4.95 percent with an average 0.7 point for the week ending March 11, 2010, down from last week
US Mortgage Rates Drop Slightly
Freddie Mac yesterday released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 4.95 percent with an average 0.7 point for the week ending March 11, 2010, down from last week when it
Pound Weakens on Waning Housing Recovery, Fitch Deficit
The pound fell, approaching the lowest level against the dollar in 10 months, as a report showed the U.K. housing recovery may be flagging and Fitch Ratings said Britain’s government needs to accelerate budget cuts.
Australian Building Industry Grows at Slower Pace in Feb
Activity in Australia's building and construction industry grew for a second month in February amid falling demands and a drop in the construction of apartments.
Obama WH Has Plans To Ban Foreclosures
While Fannie Mae and Freddie Mac frolic in the land of loans, reality is setting in. Hundreds of thousands of mortgages have been ordered to be modified by the Obama Administration. What did this do to Fannie and Mac? Well, Fannie’s 10k filing wi
Daily Forex Outlook – US Non Farm Payrolls Ahead
U.S. Dollar Trading (USD) was strong even as stock markets remained positive as the EUR/USD slumped after the ECB announcement and USD/JPY rallied on increasing US Bond Yields. Weekly Jobless Claims improved to 469k vs. 496k. January Pending Home
Oil falls toward $80 on dollar, housing data
Oil fell toward $80 a barrelon Thursday as the dollar strengthened and some weak economic
data soured sentiment after crude hit a seven-week high on
Wednesday.
Australian REIT Recover as Writedowns End, UBS Says
Australia’s listed real estate investment trusts largely completed property writedowns in the six months ended Dec. 31 and asset values are now recovering, John Freedman, real estate analyst at UBS AG, said.


