Markets are looking for a calm week ahead

Stock indexes lower today, the bond and mortgage markets generally unchanged on the session. Oct housing starts and permits were much stronger than expected this morning (+12% and +5.5% respectively).

Don Nelson lists Hawaii home

Former NBA coach Don Nelson recently listed his home on the North Shore of Kauai for $15 million. This house and location are stunning!

Wire transfers are the latest target of scammers

Ever since the invention of money, clever miscreants have been figuring out ways to separate innocent people from theirs. With the advent of the Internet, the number of diabolical schemes seems to pop up almost daily.

Housing starts stronger than expected

October New Housing Starts were stronger than expected 1.29M vs est of 1.19M and September was revised upward. Single Family Housing jumped 5.3% to 877K units.

Builder confidence edges higher

The November NAHB housing market index, thought to be at 67 from 68 in Oct; the headline index increased to 70.