The current mortgage interest rate forecast for the United States is the mortgage interest will remain at historically low levels in November until after the election, and then start rising too high. Homeowners in the United States can not presume that mortgage rates are at low levels historically, as it has since been a [...]
Posts Tagged ‘oil prices’
Increase In Mortgage Rates Predictions
December 22nd, 2010 by Financial Writer
Tags: au, bank, banks, crisis, dollar, economic, fed, financial, financial system, foreclosure, foreclosures, homeowners, housing, housing market, increase, inflation, interest rate, interest rates, loan, loans, mortgage, mortgage rates, mortgages, oil, oil prices, owners, rate, sales, subprime mortgages, the dollar, united states, us
more...Oil ends down after U.S., China data disappoint
June 12th, 2010 by Financial Writer
U.S. oil prices fell more than 2 percent on Friday as an unexpected fall in May retail sales in the United States and easing industrial output in China revived concerns about the economy and oil demand.
Friday’s slide snapped a three-day string of higher closes, but for the week oil prices still managed a 3.17 percent [...]
Tags: Chinese economy, commerce department, euro zone, investors, oil prices, stock market, us consumer, us retail sales
OIL FUTURES: Oil Weakens Post-Rally, Traders Eye Fed Meeting
April 26th, 2010 by Financial Writer
Crude oil futures declined Monday morning, losing ground as traders feared last week’s strong economic data that pushed oil above $85 a barrel may also push the Federal Reserve closer toward eventually raising interest rates.
Light, sweet crude for June delivery declined 56 cents to $84.56 a barrel on the New York Mercantile Exchange. Brent crude [...]
Tags: business, economy, Federal Reserve, financial, financial markets, Global Economy, Global Recession, investors, oil prices
Wall Street is driving up oil prices
March 31st, 2010 by Financial Writer
Oil prices have steadily rose over the last year, and experts are worrying further increases could snuff out an already-fragile global economic recovery.
President Barack Obama is expected to announce Wednesday his plan to open oil and natural gas drilling off the Atlantic Coast and Gulf of Mexico. The proposal aims to reduce the nation’s reliance [...]
Tags: economic recovery, investors, oil prices, us consumers, wall street