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2010
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Good Morning: I am pleased to offer this week's financial blog to you in writing...rather than via video. Last week, September 19 to September 25, 2010 was an interesting week in the financial markets. The Standard and Poor was up 2.1% and the World Index was up 2.3% The Federal Reserve ma...
09/28/2010
Housing Starts Rise In August, But By Less Than The Headlines Report The number of single-family Housing Starts rebounded in August, climbing 4 percent from July's 14-month low. A "Housing Start" is defined as a home on which construction has started and the August increase represents ...
09/23/2010
Today, in its 7th meeting of the year, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged. The Fed Funds Rate remains at a historical low, within a Fed's target range of 0.000-0.250 percent. In its press release, the FOMC said that the pace of economic recovery ...
09/22/2010
The Federal Open Market Committee adjourns from its 6th scheduled meeting of the year today, and 7th overall. Upon adjournment, Federal Reserve Chairman Ben Bernanke will release a formal statement to the market. In it, the Fed is expected to announce "no change" to the Fed Funds Rate. Currentl...
09/21/2010
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If a home is an expression of personality, then these 10 homes say something unique about their owners. Culled by Zillow, this list of one-of-a-kind properties make for excellent party conversation. There's the "round house", the geodesic dome, the firehouse home, and the earth-ship, among oth...
09/20/2010
According to foreclosure-tracking firm RealtyTrac, the number of foreclosure filings climbed 4 percent in August from the month prior. A foreclosure filing is defined as default notice, scheduled auction, or bank repossession. Despite the number of filings surpassing 300,000 for the 18th straigh...
09/16/2010
Home Affordability Gets A Boost From Weak Back-to-School Retail Receipts The recent rise in mortgage rates was slowed this week after the government released its Retail Sales report for August. Prior to Tuesday, mortgage rates had been spiking across New Jersey on the resurgent hope for U.S. ec...
09/15/2010
White Distilled Vinegar : An Environmentally-Friendly Home Cleaning Solution Supermarket aisles in the Jupiter area are filled with specialty cleansers - some for the kitchen, some for the bathroom, some for the carpets. Loaded with chemicals, these cleansers can be tough on the environment and...
09/13/2010
Your ARM Is Adjusting Lower. Is There A Downside To Letting It? When adjustable-rate mortgages are on the verge of adjusting, a common concern among homeowners is that their mortgage rates will adjust higher. Well, this year, because of the math of how ARMs adjust, homeowners in Jupiter and aro...
09/10/2010
The private-sector Case-Shiller Index reported home values up 5 percent nationwide in June. The government's own Home Price Index, however, reached a different conclusion. According to the Federal Home Finance Agency, month-to-month home values fell 0.3 percent in June, and values are down by 1...
09/09/2010