Capital Markets Update – Treasury Auctions Finish Successfully
All three of the Treasury auctions this week were successful. Yesterday's 30-year auction was met with strong demand. The week finishes up with key economic reports on retail sales, consumer confidence, and business inventories.
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Quicken Loans Originates $25 Billion in Loans Last Year
While Quicken Loans provides the personable customer service similar to that of your local family-owned shops, we are proud to say that 2009 was a record breaking year with $25 billion in originated loans last year.
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Home Loan Demand Increases
According to ABC News, U.S. mortgage applications increased last week, showing that more home buyers are entering the market before mortgage rates increase further. While interest rates have been slowly creeping higher, rates are still incredibly low when compared to the years before.
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7 Financial Sins Any Homeowner Should Avoid
Being a homeowner can be a huge financial investment. After all, beyond the mortgage payments, you also have repairs, home improvements, and a ton of other costs that renters generally don't have. That's why it's crucial that you have your finances straightened out, and make sure you don't buy a home that's beyond your budget. To help with that, here are 7 deadly financial sins from savvysugar.com that homeowners should avoid.
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Capital Markets Update – Initial Jobless Claims Lower by 7,000
The weekly jobless claims were released this morning. Initial claims were expected to be lower at 460,000 compared to 469,000 the previous week.
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Quicken Loans CEO Bill Emerson Featured on CNN Money
Have housing values reached the bottom yet? And how do you know if now is a good time to buy a home? Our CEO Bill Emerson was featured on CNN Money to discuss the conditions of the housing industry, as well as to answer some questions on adjustable rate mortgages (ARMs). Emerson also explained that home buyers are finding security in the incredibly low mortgage rates right now, making 30-year fixed loans an ideal choice for many families. Check out the video for the full story and answers to many of the common questions home buyers are asking.
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Capital Markets Update – Investors Attracted to Shorter-Term Debt in Auction
Tuesday's $40 billion 3-year Treasury auction was well received as investors were attracted to the relative safety of shorter-term debt.
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Capital Markets Update – Treasury Begins Auctions Today
The Treasury will begin this week's $74 billion auction today by selling $40 billion in 3-year T-notes. On Wednesday, $21 billion in 10-year notes will be sold and the auctions will conclude on Thursday with the sale of $13 billion in 30-year T-bonds.
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Guest Room Decorating: 10 Tips for a Cozy Look
Making your guests feel at home doesn't have to cost a fortune. And if you're already decorating an extra bedroom, there are ways to save money along the way. After all, it's the attention to small details that contributes to an overall homey look. Here are some ways you can make your extra bedroom a relaxing retreat for guests.
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Capital Markets Update – Treasury to Auction $74 Billion This Week
There isn't much in terms of economic data this week, however some of the key reports include Thursday's unemployment claims report, Thursday's trade balance report, Friday's February retail sales report and consumer confidence report.
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