Treasuries gained, pushing the yield on the 10-year note to the lowest level in 19 months, as new home sales unexpectedly dropped in July to a record low and orders for durable goods rose less than economists forecast.
Yields on 5-year notes dropped to the lowest level since December 2008 before the government’s $36 billion auction [...]
Archive for the ‘US Economy’ Category
Treasuries Rise, 10-Year Yield Drops to 19-Month Low on Signs of Slowdown
August 25th, 2010 by HardMoney Writer
Tags: commerce department, economic recovery, economists, financial system, home sales, housing market, US Economy
more...True Facts about the Hard Money Loans
August 24th, 2010 by HardMoney Writer
When you search for the loan options, you come across several alternatives with distinct characteristics. One of these options is the hard money loan that comes with several benefits as well as some drawbacks to help the loan seekers fulfill their essential needs and desires. However, if you study or observe the loan market, you [...]
Tags: bad credit, borrowers, credit rating, Hard Money Loans, home loans, real estate loans
Yen Rises to Seven-Week High Versus Euro on Outlook for Economic Slowdown
August 23rd, 2010 by HardMoney Writer
The yen rose to a seven-week high against the euro as signs the global economy is slowing boosted demand for Japan’s currency as a refuge.
The yen rose against all 16 major counterparts after a conversation between Prime Minister Naoto Kan and Bank of Japan Governor Masaaki Shirakawa failed to yield a plan to curb its [...]
Tags: bank of japan, currency deals, economic growth, financial, Financial Markets, global economic, stock market
Home Sales Probably Plunged and Goods Orders Rose as U.S. Recovery Slowed
August 22nd, 2010 by HardMoney Writer
Home sales probably plunged in July, and orders for long-lasting goods climbed for the first time in three months as the U.S. strained to sustain the recovery from the worst recession since the 1930s, economists said before reports this week.
Purchases of new and existing houses dropped 12 percent to a 5.01 million annual pace, the [...]
Tags: business investment, chief economist, commerce department, Federal Reserve, hard money, home sales, homebuilder
PRECIOUS METALS: Gold Dips On Profit-Taking, Stronger Dollar
August 20th, 2010 by HardMoney Writer
Gold futures declined Friday as profit taking and a stronger dollar pressured prices, but the metal didn’t fall far from the seven-week high it closed at a day earlier when it attracted haven-seeking buyers motivated by gloomy market sentiment.
The most-actively traded gold contract, for December delivery, recently was down $8.50, or 0.7%, at $1,226.90 an [...]
Tags: economic activity, European Central Bank, Federal Reserve, Gold & Precious Metals, money, stock market
Index of U.S. Leading Economic Indicators Rose 0.1% in July
August 19th, 2010 by HardMoney Writer
The index of U.S. leading indicators rose in July for the second time in four months, extending a see-saw pattern that indicates slower growth through the end of the year.
The 0.1 percent gain in the New York-based Conference Board’s gauge of the prospects for the economy in the next three to six months followed a [...]
Tags: consumers, economic activity, economic growth, economic recovery, economists, Federal Reserve, JPMorgan, leading indicators, unemployment rate, US Economy
Wake up! Use CA Hard Money Now!
August 18th, 2010 by HardMoney Writer
It’s nice to wake up in the morning feeling bright and lively. Only CA hard money can bring that sunny atmosphere to each and every morning of a real estate investor. The moment you open your eyes to welcome a new day, you are confident to wholesale houses and to rehab homes because you are [...]
Tags: hard money, hard money lending, home buyers, lenders, private money lender, real estate investors
GLOBAL MARKETS: European Stocks Higher; US Data Eyed
August 17th, 2010 by HardMoney Writer
European stock markets posted strong gains Tuesday, boosted by a buoyant basic-resource sector and upbeat corporate results.
By 1056 GMT, the Stoxx Europe 600 index had gained 0.7% to 257.59. London’s FTSE 100 index was up 1.0% at 5327.40, Frankfurt’s DAX index was 1.2% higher at 6186.73, and Paris’s CAC-40 index was up 1.4% at 3647.23.
It [...]
Tags: Dow Jones Industrial, European stocks, global economic, global recovery, Gold & Precious Metals, housing market, stock market
Sub-prime lending rises from the ashes
August 16th, 2010 by HardMoney Writer
Sub-prime mortgages blew a $2trillion hole in the US economy and caused a worldwide meltdown in financial markets, stopping just short of igniting a second Great Depression. Well guess what - sub-prime lending is alive and well again in the US.
OK, I’m getting a bit ahead of my story but mortgage companies on this side [...]
Tags: financial market, hard money lender, Hard Money Loans, lenders, loans, private investors, real estate, subprime mortgage, US Economy, wall street
PRECIOUS METALS: Gold Rallies As Haven After Data Disappoint
August 15th, 2010 by HardMoney Writer
Investors turned to gold Thursday as a refuge after weaker-than-expected U.S. jobless data added to anxiety about the economic recovery.
The most actively traded gold contract, for December delivery, rose $17.50, or 1.5%, to settle at $1,216.70 an ounce on the Comex division of the New York Mercantile Exchange. The intraday high of $1,218.50 was the [...]
Tags: chief economist, economic recovery, Federal Reserve, Gold & Precious Metals, gold prices, investment
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