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Wednesday, February 29, 2012

Financial News 02/29/2012

NYT: Era of low borrowing rates nearer end than beginning
Bank Rate: National average mortgage rate 3.85%,
S&P: Case-Schiller national Q4, 2011 home price composite down 3.8%
BEA: Q4, 2011 GDP 3%, for the year national GDP was 1.625%
Business Insider: Interest rate swaps net JP Morgan $12k per transaction
Bloomberg: LTRO 3 less likely as ECB lending nears $1.35 trillion
Reuters: Indian Q4,  2011 economy slowed to 6.1%, a three year low
RT: G20 FSB does not like fact rating agencies have influence

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