Home Prices Rebound
Updated Oct. 9, 2013
Home Prices rose at the fastest pace in 7 Years in March as the sector continues to rebound after the housing bubble burst. The Case-Shiller 20 City Price Index rose 10.9% year over year ended in March. above the 10.1% Expected. On a month over month basis, the index rose 1.12%. In the first quarter of 2013, the seasonally...

Home Sales Surge
Updated Oct. 9, 2013
Despite the recent rise in Mortgage Rates, New Home sales surged by 8.3% in June from May to an annual rate of 497,000 units. The 497,000 was above expectations of 483,000 and sales are now up 38%since June of 2012..

Federal Open Market Committe
Updated Oct. 9, 2013
The scheduled Federal Open Market committee meeting will be held next week with a policy statement being released at 2:00pm ET on Weds. This will be important to the bond market and interest rates. The senate passed a bill that would lower student loan interests rates from 6.8% to 3.9%..

Jobless Claims Decline
Updated Oct. 9, 2013
The Labor Department that showed Americans filing for first time unemployment benefits declined by 19,000 in the latest week to 326,000, below the estimate of 345,000. That was the lowest level since January of 2008. Over in the manufacturing sector, the ISM Index surged to 55.4 in July, above the 50.9 recorded in...