Economy
by Steve Heideman
| April 13, 2009
Last week mortgage rates were exactly flat confirming my forecast that rates may not rise for the third week in a row. The week started off strong but ended with a whimper for 2 main reasons:
Wells Fargo’s announcement of record $ 3 Billion in earnings
Mike Mayo’s downgrade of the banking sector. Mike has a history [...]
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Economy
by Charles Feldman
| April 2, 2008
Could that be some light, just a little light at the end of the tunnel?
It seems as if, in recent weeks, there has been a steady drumbeat of bad economic news all traced back to that original subprime mostgage crisis.
The near collapse (okay, some may argue it was an actual collapse) of Bear Stearns [...]
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