Stocks gain as Bernanke, GDP reassure investors

by rob in Pittsburgh Mortgage Quotes


Have you seen the rates lately? I still consider anything under 8-10% to be a bargain. We might not see the 3-4% days for a while, but look back many years and you’ll see 8%, 10%, 12%, and even higher! Here’s some recent information that I found….
Stocks posted big gains after Federal Reserve Chairman Ben Bernanke said the central bank was ready to step in if the U.S. economy showed further signs of weakening.

  • Another cloud on Greene’s horizon

    by rob in Pittsburgh Mortgage Quotes


    Does having bad credit mean that you can’t get a loan? Of course not! Does it mean that you might have to put a little more effort into obtaining a loan? Maybe. Either way - you need to start somewhere and this may help your decision…
    About the time that Carl R. Greene stopped making mortgage payments on his luxury condo, a female employee filed a sexual-harassment complaint against Greene and the Philadelphia Housing Authority, the Daily News confirmed yesterday.

  • Duquesne’s Druckenmiller retiring after 30 years

    by rob in Pittsburgh Mortgage Quotes


    Stanley Druckenmiller, the investor best known as a key architect of billionaire investor George Soros’ famous bet against the British pound, is closing his hedge fund firm after 30 years.