Stocks are a share of the ownership of a company. If the company does well, or even if everyone thinks the company is going to do well, the price of the stock goes up. In addition, many companies give a little dividend payment each year to the stockholders, which provides extra value.
Showing posts with label US mortgage. Show all posts
Showing posts with label US mortgage. Show all posts

US mortgage applications rise as rates fall

US mortgage applications rose for the first time in three weeks as near record low interest rates spurred demand for home refinancing and purchase loans, data from an industry group showed on Wednesday. The jump in demand came several weeks after the unveiling of the strongest government action yet to aid homeowners since the housing markets meltdown began and may help gauge what is in store this spring, the peak home-buying season.

Thursday, March 12, 2009

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