Archive for October 19th, 2009

Oct
19
iled Under (Loan Info) by db2dba on 19-10-2009

Want to refinance on the FHA Streamline Refi program? Better get a move on. Beginning in just 4 weeks — November 17, 2009 — the FHA changes over to new guidelines for its popular FHA-to-FHA refinance program. Getting approved for a Streamline Refi will be more difficult and more expensive.



Oct
19
iled Under (Loan Info) by db2dba on 19-10-2009

Last Week saw equities hit 12-month highs across the globe, including in Australia, Hong Kong, India, Russia, Europe, England, Brazil and of course the US. The Dow hit the 10,000 mark mid-week but closed under that psychological threshold on Friday. The S&P 500 gained 1.5% overall, pushing the gains since early March to an astonishing 59.4%.

Meantime, WTI crude oil has jumped 120% from its February low of $34 per barrel. A 2009 peak was hit last week as it rose 9.4% $78.53. Never mind 2009 highs, Spot Gold hit an all-time high at $1,070.40 per ounce last Wednesday, though on Sunday night it had fallen to $1049.95.
…(read more)