Mortgage rates hold near record lows amid steady 30-year rate
Freddie Mac reports the 30-year fixed rate at 3.42 percent, unchanged from last week and near the all time low. The 15-year rate stays at 2.72 percent as mortgage demand remains strong for refinancers. In unemployment data, initial claims fall to 249,000, with the four week average at 253,500, both suggesting continued labor market resilience.
MENTIONED IN THIS ARTICLE
Washinington
U.S
Freddie Mac
Washington
Labor Department
Atat Inc
Bb&t Corp Bank of America Bac
Best Buy
Commercial Metals Cmc
Curtis-Wright Danaher Corp Dhr
Deere DE
Dillards Inc Dds
DollarTree Dltr
DUK
Duke Engy A Fmc Corp Fmc
Hanesbrand Hbi
HOG
Harley-Davidson Home Depot HD
Corde
Intel Corp
IBM IBM
Kohis Kss
Lowes Low
Martin Marietta Mlm
Microsoft Msft
PNC Financial Pnc
Park Sterling Pulte Homes
PHM
RPA
Scana Scg
Sears Holdings
LNCE
Snyder-Lance Inc Southern Company
Spectra Energy
Suntrust Banks Sti
Texas Roadhouse
Textron
Time Warner Inc
Timken Tkr
Wal Mart
WNT
WEC
Wells Fargo
Cleveland County Fair Vendors Showcase Local Businesses
Shelby vendor Emily Swindell of Prep py Line and Sharon Morrison of Morrison Unlimited return to the Cleveland County Fair to connect with customers face to face and boost exposure. Caricature artists Dennis Hart and Amanda Hackett travel from Tennessee to draw patrons near the exhibit halls. Hart notes food remains the crowd focus while hoping for busier lines in the second weekend.
MENTIONED IN THIS ARTICLE
Shelby
Emily Swindell
Cleveland County Fair
Preppy Line
Mount Holly
Swindell
PreppyLine
Sharon Morrison
Morrison Unlimited
Weathers Arena
Morrison
Bobby
Jenks
Dennis Hart
Amanda Hackett
Tennessee
Cleveland County
Hart
Hackett
Vermont
Missouri
Real estate sector struggles weigh on REITs outlook
The REIT sector, newly recognized within the S P 500, has underperformed with a 2 percent year to date rise as property valuations and supply shifts weigh on earnings. Simon Property Group leads the field, owning and managing hundreds of malls across North America and Asia. Emerging markets surpass REITs as top performers over the past year amid rate concerns and sector rotation.
MENTIONED IN THIS ARTICLE
Nareit
S&p 500
Wal-Mart targets Prime shoppers in evolving retail war
Wal-Mart mirrors Amazon.com and its Prime program, aiming to convert Prime members into loyal customers as the two retail giants intensify competition. The note, drawn from the source, highlights Prime’s role in shaping shopping habits and retailer strategies.
MENTIONED IN THIS ARTICLE
Wal-Mart
Jet.com
Amazon.com
Also Mentioned on This Page
Nasdaq
Randolph
Halifax Media Services
Reits
Simon Property Group
North America
Asia
S&p
S&p 500 Index
Marley Jay
J. Paschke
WMT
Doug McMillen