Archive for October 2010
Weekly Mortgage Update
It’s all about ‘Quantitative Easing – Phase 2’ this week. The buzz word for this is ‘QE2’. In layman’s terms, it means the Fed would print more money with the thought that putting more money into the system will spur business expansion and thereby job creation. But it’s a fine balancing act between the short…
Read MoreBrawl at O’Briens- Thursday, October 7 @ 7:30pm
As some of you might already know, Terra and I box for exercise. When I say box, I don’t mean that we are beating each other up, although some days we wish we were hitting something other than a bag. Our workout includes miscellaneous strength and conditioning along with punching bags and hitting mitts. It…
Read MoreWeekly Mortgage Update
More good economic news as the 2nd quarter gross domestic product numbers were revised up, the Chicago Purchasing Manager’s Index showed stronger than expected demand by companies in the mid-west, and the Case-Schiller Housing Index for the top 20 cities showed continued improvement in residential real estate pricing. Personal Incomes and spending rose in August…
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