In the past 60 days, mortgage rates have moved up 60 basis points from 3.35% to near 4%. While that may seem like a large move, it is important to ... Read Full Story »
Interest rates are rising and the 30-year mortgage just hit a 12-month high. Rising rates will eat up your spending power and erode the value of your fixed income investments. ... Read Full Story »
Investors frequently get to see the analyst upgrades and Buy ratings from Wall Street firms. What investors often do not get to see is when analyst downgrade stocks to sell ... Read Full Story »
The housing data keeps rolling in stronger and stronger for the U.S. economy. What is at issue is whether investors should keep paying up and up for housing stocks. Rather ... Read Full Story »
Following about 10 months of mostly steady improvement in share prices, growth has flattened out a little in the homebuilders’ stocks. Upbeat reports on the state of the housing market, ... Read Full Story »
We have written at great length about the resurgence of homebuilding in the United States. Like any other sector, if you go long enough without production, demand catches up with ... Read Full Story »
These are some of this Tuesday's top analyst upgrades, downgrades and initiations seen from Wall St. research calls. Baidu Inc. (NASDAQ: BIDU) cut to Market Perform at Raymond James and ... Read Full Story »
U.S. equity markets opened mixed this morning following a depressing report on U.S. GDP growth, which turned out to be negative (more coverage here). Even a good jobs report from ... Read Full Story »
U.S. equity markets opened slightly lower this morning following not-much in the way of new data and a wait-and-see attitude until tomorrow’s meeting announcement from the FOMC, which began a ... Read Full Story »
We have written at great length about the resurgence of homebuilding in the United States. Like any other sector, if you go long enough without production, demand catches up with ... Read Full Story »
Like all bubbles that have burst, the housing crisis left an extremely scarred landscape. What used to be a fairly routine mortgage process for a qualified home buyer has turned ... Read Full Story »
A disappointing report for new home sales in October sure took a bite out of the homebuilder stocks today. The Census Bureau showed a 0.3% decline to 368,000 on an annualized ... Read Full Story »
These are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Friday. ADT Corp. (NYSE: ADT) added to the U.S. Focus List at ... Read Full Story »
The three major U.S. stock indexes opened higher this morning following the report on new jobless claims, which rose by 369,000, less than the expected 375,000 (our coverage here). In ... Read Full Story »
The three major U.S. stock indexes opened higher this morning following a better-than-expected PMI reading from China (more coverage here) that was mostly untempered by lower-than-expected PMI readings from Europe ... Read Full Story »