Two Wall Street giants and their investors are betting that one of the
Streets most baffling rules of thumb will prevail as the stock market
prepared to open Friday after two days of a bullish market.
Jul 18
Jul 18
Speaking in an interview with Bloomberg on Friday, Minneapolis Federal
Reserve President Gary Stern (voter) said that the Federal Reserve
can’t wait for the end of the crisis to raise rates.
Jul 18
Mortgage rates dropped throughout last week causing increased activity among Americans looking for a home loan, particularly those seeking to refinance their existing mortgage, according to the Mortgage Bankers Association (MBA).
Jul 18
Though Fannie Mae and Freddie Mac may have silly names, they're all about the serious business.