Topic: Mike Larson

Stock Market (NYSE) Shocking Truth About CitiGroups CitiBank Profits "Quarterly"

hubPage - 490 days ago
Citigroup changed their accounting methods in order to show a better than expected loss. The market will fall and these new investments will have been sucked up by the big players and the small investor will lose again.You can watch citigroup ...

If Mortgage Rates Plunged to Zero

SmartMoney - 505 days ago
"In theory, the only stopping point there is is 0% - that's where all nominal interest rates have to stop," said Mike Larson, real-estate analyst for Weiss Research. And home builders have been known to pay down mortgage rates for their buyers ...

HMI sinks for third consecutive month

BUILDER Online - 547 days ago
Homebuilder confidence dropped for the third straight month in August as the struggling economy and a flood of cheap foreclosed properties kept people from buying new homes. The last time the index was above 50 was in April 2006. Fewer people are ...

Wall of Worry for Homebuilders Even With Silver Lining in Clouds

SeekingAlpha - 727 days ago
As the time tested adage states, a bull market climbs a wall of worry. That the number of foreclosed homes equaled 32% of 4Q09 transactions only looks good when it is viewed next to the 37% number for 4Q08.. Homeowner rates in ...

Pending home sales fell 7.7 pct to new low in Jan.

AP News - 1078 days ago
Pending home sales plummet in January to new record low as housing woes worsenThe number of homebuyers who agreed to purchase an existing home sank to a new low in January as economic woes turned them away from the staggering housing market ...

Regulator: mortgage rates could drop to 4 percent

AP News - 1161 days ago
Fannie Mae, Freddie Mac regulator says mortgage rates could drop to 4 percentGovernment efforts to provide easier credit to consumers and jump-start flagging home sales could push mortgage rates " well below 4 percent," a federal regulator said Wednesday.James Lockhart, whose agency ...

Credit markets improve, but new troubles emerging

AP News - 1217 days ago
Credit markets improve, but new worrisome trends emerge as investors digest bank bailoutCorners of the credit markets are slowly loosening after the government pledged to buy stakes in private banks, but there's still congestion and investors are also noticing some adverse ...