Chris Arnold

Chris Arnold appears in the following:

Rates Come Down On Jumbo Mortgage Loans

Friday, September 06, 2013

There is something new and different for home mortgages: Jumbo loans are being made at lower interest rates than traditional home loans. That's kind of like a first class airplane ticket being cheaper than riding in coach.

At first this seems crazy. For as long as anybody can remember, homeowners ...


As Housing Recovers, Lots Of Boats Rise In U.S. Economy

Thursday, August 22, 2013

In just the past week we've seen a bunch of signs that the housing recovery is gaining steam. Data out Wednesday showed that existing-home sales rose to their highest level in nearly four years, while prices were up 14 percent from a year ago.

Retailers Home Depot and Lowe's ...


Pent-Up Demand Is Boosting Home Sales, But Can It Last?

Thursday, August 15, 2013

Six years ago, the U.S. housing market plunged off a cliff. Now prices are bouncing back up — sharply in many markets.

That has some real estate analysts saying 2013 may mark the turning point — when pent-up demand will revive the housing sector and boost the broader ...


After Five Years, Why So Few Charges In Financial Crisis?

Friday, July 26, 2013

In the latest in a string of insider trading cases, federal prosecutors this week indicted SAC Capital, one of the most prominent and profitable hedge funds in the world.

But when it comes to the 2008 financial crisis that sent the economy into a tailspin, criminal prosecutions have ...


Bernanke's Comments Lift Stocks To Record Highs

Thursday, July 11, 2013

Stocks surged Thursday after the chief of the Federal Reserve sent signals that the central bank wasn't in a hurry to stop helping the economy. When the markets closed, the Standard & Poor's 500 Index was at a record high. Other U.S. indexes were also up, including the Dow ...


Morale Takes A Hit At Beleaguered Fannie, Freddie

Wednesday, June 27, 2012

Mortgage giants Fannie Mae and Freddie Mac have been vilified for their role in the housing collapse. Key employees have left as morale has plummeted. But the two organizations are ke...


The Market's Finally Looking Up: Will It Last?

Friday, March 16, 2012

The stock market hit some major milestones this week: The Standard & Poor's 500 index reached its highest level in more than three years and the Nasdaq rose to its highest level in 11...