Kris Krajecki's (imcallingkris) Blog

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Mortgage and Lending - Kris Krajecki - FOX VALLEY MORTGAGE - Huntley, IL

ARCHIVED BLOG POSTS

2008 

Over the past several months a steady stream of large financial companies have given notice of large losses that they are sustaining as a result of the credit crunch and sub-prime mortgage market issues. So the question is, who really loses when a company or in this case an industry loses a lot o...
01/08/2008
The economic event calendar slows down significantly this week, with only one meaningful report scheduled to arrive on Thursday - Initial Jobless Claims, giving a look at the most recent reports of filings for unemployment. Considering the recent stats on higher unemployment levels, this report w...
01/08/2008
last Friday's Jobs Report indicated that many more Americans than expected are not just imagining themselves without a job, they truly are without a job. The Unemployment Rate jumped up to 5.0% from 4.7%, and new job growth in December was reported at a paltry 18,000 jobs...with private-sector jo...
01/08/2008
The Treasury market had its best start to a year since 2001 after U.S. unemployment rose to the highest rate in more than two years and manufacturing expectedly contracted. The Federal Reserve will cut borrowing costs by a half-percentage point more than forecast to prevent a recession. Fed Chair...
01/05/2008
Bill Gross, manager of the world's biggest bond fund, said the Federal Reserve may not be able to avoid a recession even if central bank policy makers lower borrowing costs by at least another percentage point. Wow! Scary News for sure!Hiring in the U.S. slowed more than forecast in December and ...
01/05/2008
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KrisKrajecki

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