Saturday, July 11, 2009

FW: Inman PM: Roads to recovery overlooked

 

 

 

From: Inman News Headlines [mailto:dailynews@inman.com]
Sent: Friday, July 10, 2009 3:47 PM
To: mark@itsyoursale.com
Subject: Inman PM: Roads to recovery overlooked

 

Inman News: PM Edition

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Friday, July 10, 2009

Roads to recovery overlooked
Long-term interest rates plunged this week as any hopes for a V-shape recovery gave way to L-shape reality.

A 10-year Treasury auction drew three times as many bids as bonds offered, the yield to 3.3 percent from 4 percent last month taking mortgages under 5.25 percent. The best chance for a run back into the fours: a big break in stocks. Inflation bets sank with rates: oil broke $60 for the first time since April; gold is $912 versus $980 in May. More »


Discount broker buys Iggys House assets
Webdigs warns investors it must raise money


Appraisers shunning FHA work
Rules for Fannie, Freddie loans have wider impact


FBI investigating Million Dollar Listing's Flagg?
From Curbed.com blog


Going halfsies on home repairs?
Home Sale Hindsight


OTHER TOP STORIES

Brokers think beyond the cubicle
'Hot desks' and incentives encourage agent mobility


Making a mark in the Chicago market
Real Estate Connect Speaker Profile: Amanda McMillan


Expert Realty, Keyes expand partnership
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Be careful seeking investment info on Web
'Seemingly free advice' can come with a catch


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