Friday, January 27, 2012

Bank of Japan holds rates steady!

The Policy Board of the Bank of Japan has announced that it has decided to leave rates unchanged at between 0% and 0.1%.

Thursday, January 19, 2012

S & P downgrades rating nine states eurozone!

Standard & Poor’s (S&P) has downgraded the sovereign credit ratings of nine members of the eurozone.
France has lost its “AAA” rating, having been downgraded one notch to “AA+”.

Wednesday, January 11, 2012

Began to rise mortgage rates for several days !

Mortgage Rates finally experienced their first noticeable move higher in 2012, although it should be noted that "noticeable" doesn't necessarily mean it was extreme.