Roxy Redenbaugh's (roxyred) Blog

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Mortgage and Lending - Roxy Redenbaugh (Acceptance Capital Mortgage Corporation)
RECENT BLOG POSTS
Monday's bond market has opened the new year in negative territory despite slightly weaker than expected economic data. The stock markets are the cause of the bond weakness with the Dow up 124 points and the Nasdaq up 46 points. The bond market is currently down 12/32, which will likely push this...
01/03/2011
Friday's bond market has opened in positive territory as investors look to close the year out on a positive note. The stock markets are showing minor losses of 18 points in the Dow and 11 points in the Nasdaq. The bond market is currently up 10/32, which should improve this morning's mortgage rat...
12/31/2010
Thursday's bond market has opened in negative territory following the release of much stronger than expected economic data. The stock markets have had little reaction to the news with the Dow up 9 points and the Nasdaq down 2 points. The bond market is currently down 9/32, but we will still see a...
12/30/2010
Tuesday's bond market has opened in negative territory despite quite favorable economic news and an uneventful open in stocks. The Dow and Nasdaq are both currently down a couple of points. The bond market is currently down 13/32, which will likely push this morning's mortgage rates higher by app...
12/28/2010
Tangy Pineapple Chicken  Prep time: 30 mins Cook in Slow cooker on low for 5 to 6 hours.  2 pounds of chicken thigh meat, boneless, skinless and cut into 1 to 2 inch wide strips 20 -ounce can of pineapple (tidbits) or about ½ of a whole fresh pineapple cut into tidbits. 20-ounce can of pineapple ...
12/21/2010
Monday's bond market has opened in positive territory as last week's late strength extends into this morning's trading. The stock markets are doing their part but showing losses rather than gains with the Dow down 38 points and the Nasdaq down 5 points. The bond market is currently up 14/32, whic...
12/20/2010
This holiday-shortened trading week brings us the release of six monthly or quarterly economic reports. Only a couple of the reports being released are considered to be of high importance to the markets. With the Christmas holiday being observed during the week, we can expect very thin trading. T...
12/19/2010
Friday's bond market has opened in positive territory again with a mixed morning in stocks and no surprises in today's only economic news. The Dow is currently down 28 points while the Nasdaq has gained 6 points. The bond market is currently up 7/32, but we should see a sizable improvement in thi...
12/17/2010
Today's FOMC meeting has adjourned with no change to key short-term interest rates, as expected. The post meeting statement seemed to be favorable for bonds with points such as the economy not growing fast enough to improve unemployment, business spending has slowed compared to earlier this year ...
12/14/2010
Monday's bond market has opened in positive territory following a flat open in stocks and a primetime TV reminder from Fed Chairman Bernanke that the economic outlook isn't so rosy. The stock markets are nearly unchanged from Friday's close with the Dow down 3 points and the Nasdaq down 1 point, ...
12/06/2010
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Roxy Redenbaugh

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