Economic Calendar: May 23-May 27
The Treasury announces the size of its next monthly two-year note auction, next Wednesday.
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For Some Americans, Buying Land Is Like Collecting Art and Autos The wealth accumulated in the last decade by aging baby boomers has left them looking for places to put their money. One hot area: far-flung open spaces across the U.S.
Mortgage rates drop -- along with stocks and bonds (Bankrate.com) Mortgage rates fell this week as investors grew anxious about corporate earnings. As stock prices fell, bond yields declined, too -- and so did mortgage rates.read more...
Money market mutual fund lifeline The government is throwing an unprecedented lifeline to money market mutual funds to reassure nervous investors.read more...
Building on Word-of-Mouth WHAT: CPTF Architectural LLC has been building high-end, custom cabinets and countertops for the residential and commercial markets in Fairfield and Westchester, N.Y., counties since 1993.read more...
Mortgage legend says price slump deeper than seems (Reuters via Yahoo! News) The man credited with developing the financing of the modern U.S. mortgage industry says home values have fallen more than their listed prices suggest but they could hold steady
Why Mortgage Life Insurance is Not a Good Idea (Benton Evening News) (ARA) - If you've recently taken out a mortgage, brace yourself for the onslaught. Before you even finish unpacking, your mailbox will likely be filled with offers for all kinds