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News Ticker from FNC

Thursday, August 12, 2010

Numerology Class

Foreclosure rate in July went
UP 9% from June
93,000 homes repossessed
8th month in a row foreclosure rates have risen from last years pace
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States with the highest foreclosure rates
Nevada 1:82 homes
Arizona 1:167 homes
Florida 1:171 homes
California 1:200 homes
Idaho 1:240 homes
source:Realtytrac (via Fox news)
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Mortgage Rates
30-Fixed loan down 0.05% (or 5pts)
averaging 4.44%
source: Freddie Mac (via Fox news)
----------------
New Jobless Claims
August 1-7th
Up 2,000 from last week
total new claims: 484,000
Highest level in 6 months
source: Labor Dept (via Fox news)
----------------
Dow-Jones down 58pts
yesterday it fell 265pts
3rd day drop
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