PLEASE SUBSCRIBE!!! (AP) – The stock market recorded its biggest weekly drop in three months as a feeling of malaise took over after the US failed to rally world leaders to come up with plans to strengthen global growth. – (Reuters) – Oil rebounded above $85 a barrel on Monday after falling sharply from a more than two-year high last week as investors looked beyond Irish debt worries to signs of a macroeconomic pick-up, but a strong dollar capped gains. – (NYTimes) A weakening currency traditionally helps a country raise its exports and create more jobs for its workers. But the declining value of the dollar may not help the United States increase economic growth as much as it might have in the past. – (Telegraph) The European president Herman van Rompuy offers a tempting target for jokers. But his call for for the imposition of a common economic policy, backed up with surveillance and punishments, has a decidedly sinister ring. – (CNN) — Ireland is not on the verge of defaulting on debts, its Ministry of Finance insisted Monday, amid international fears that Ireland’s financial troubles threaten the stability of the European currency the euro. – (Telegraph) The Bank of England should provide another boost to the UK economy if output stays below trend as expected, according to one of its senior policymakers, raising the prospect of more quantitative easing (QE). – (AP) – Judges who hear Social Security disability cases are facing a growing number of violent threats from …
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www.IrvineRealEstateLink.com – Become a facebook fan @ http -Check out this short video and see the 7 reasons why getting pre-approved for a loan is the MOST important step in the home searching process! The lender you choose to work with is up to you; and we recommend you get a referral to one by a friend or family member who has had a great experience using them. If you can’t find a great one, let us know. We work with many great lenders who can help! Call Robert Mack – 949-209-7309 or email me at robertmack10@gmail.com with questions/comments/concerns/etc and you can always keep up with my blog, videos, search for homes in Orange County, get a property analysis, and so much more at www.IrvineRealEstateLink.com! All for FREE!
Kevin McGill talks about the new CA program for homeowners facing foreclosure, balance reduction, unemployment, loan modification, strategic default, Info is post on the united mortgage modifiers site.
It’s a Day of Technicals. Not a lot of impact releases today. Most Traders are still a little jittery about what’s going on in Europe, with Hungary being the “new” concern. The Stock Markets are down a little bit this morning and Bond Markets are fairly even. Depending when Lenders re-priced last Friday, Mortgage Rates should be Improved. This weeks releases to watch will be the Treasury Auctions (how are they received -may be good with all the bad news in Europe), Initial Jobless Claims and Retail Sales. Make sure you check out the video, as I show with the Candlestick Chart why we may see Home Loan Rates remaining low for awhile.
Newt Gingrich didn’t pay for his own college education but the 2012 Republican Presidential candidate believes students today should get jobs and pay their own way. Ana Kasparian and Cenk Uygur break it down on The Young Turks. Watch more college stories here: www.youtube.com Source: www.washingtonpost.com Subscribe to The Young Turks: bit.ly Find out how to watch The Young Turks on Current by clicking here: www.current.com The Largest Online New Show in the World. Google+: www.gplus.to Facebook: www.facebook.com Twitter: twitter.com