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Positive Economic Data Boosts Stocks, Hurts Mortgage Rates

Posted 09-02-2010 at 08:23 AM by VictorBurek

Stronger than expected data on manufacturing helped a over sold stock market to rally yesterday. The strength in equities pulled money away from the fixed income sector forcing lenders to increase consumer borrowing costs. The price losses with mortgage backed securities were not large, yet lenders increased costs on average .375 to .50 in discount proving yet again they take away much faster than they pass along gains. As the day progressed, MBS did manage to claw their way off the lows to...
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Rating: 2 votes, 4.50 average.

I am truly amazed at some of the questions posted on a public forum.

Posted 09-02-2010 at 07:26 AM by CSD610

I am amazed but not shocked that is for sure. Some of the questions posted on this forum are just making me scratch my head and wonder why in the world one would waste the time to post on the forum when they should have been to an attorney already. How the heck would anyone here know the exact answer to a serious legal issue unless of course they 'happen' to be an attorney who specializes in said issue.

The very thought of posting something like that would never, ever cross my mind....
Is there a limit for the Ignore List?
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Rating: 2 votes, 2.50 average.

Wednesday

Posted 09-01-2010 at 07:10 PM by woodworkingmenace (History)

I dont understand this site, I put in the title and hit enter and the thing tries to post, same as when I hit enter to go to another line at times, sheesh!! Oh well, I just hope it doesnt 'forget' what I am trying to post again, for a very, very long time LOL.

I didnt get to go to exercise today. Woke up late, about 11am... (Could of gotten up earlier, but, lazy me, I stretched and got a Charlie horse in my leg!!)
Yea, I aint stretched in years, waking up and getting out of...
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Rating: 2 votes, 5.00 average.

s.o.s.

Posted 09-01-2010 at 12:28 PM by snowduck
Updated 09-02-2010 at 09:49 PM by snowduck

PSALM 55:1-3 - Listen to my prayer, O God,do not ignore my plea; hear me and answer me. My thoughts trouble me and I am distraught at the voice of the enemy, at the stares of the wicked; for they bring down suffering upon me and revile me in their anger. - For those who don't know, Morse code was invented in the 1800's and though it has undergone a few changes, the basic method is still used today because of its simplicity, effectiveness and the variety of ways it can be used. It is probably best...
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Rating: 2 votes, 5.00 average.

a little help for some kids

Posted 09-01-2010 at 10:12 AM by fuzzymystic (tornados and kohls)

Ok, here's my blog. I have a favor for those of you who might read this and belong to facebook. Kohls Cares is sponsoring a contest there for schools, giving away $500K to the top 20 vote-getters.

Some of you might have heard about the tornados that went through NW Ohio on June 5th. Lake High School was destroyed, the elementary and middle schools were also damaged. They were supposed to hold graduation in the high school the next day. The valedictorian lost her dad in this tragedy....
Not bossy, helpful.
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