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Posts Tagged ‘ Reach ’

Vehicle Sales Forecast: “Could Reach 17 Million” SAAR in November

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Vehicle Sales Forecast: “Could Reach 17 Million” SAAR in November

The automakers will report November vehicle sales on Tuesday, December 2nd. Sales in October were at 16.35 million on a seasonally adjusted annual rate basis (SAAR), and it appears sales in November might be at or above 17 million SAAR. Note:  There were 25 selling days in November this year compared to 26 last...
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Mortgage rates edge down, ARMs reach new lows

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Mortgage rates edge down, ARMs reach new lows

Mortgage rates declined this past week, with adjustable-rate mortgages hitting new lows, according to Freddie Mac's latest Primary Mortgage Market Survey. Adjustable-rate mortgages hit new lows, with the 5-year Treasury indexed ARM averaging 2.91% this past week, down from 2.97% a week earlier. Last year, the same rate hit 3.45%. The 1-year, Treasury-indexed ARM...
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Report: Merkel, Sarkozy Reach General Agreement on Bank Recapitalization

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Report: Merkel, Sarkozy Reach General Agreement on Bank Recapitalization

No details, but a new “deadline”: the end of October. There is a meeting of European leaders scheduled for Oct 17th and 18th summit in Brussels. • From the Financial Times: Merkel and Sarkozy set euro deadline France and Germany have set themselves a deadline of the end of October to reach agreement on...
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