Oil prices dropped to approximately $85 a barrel, while rates for 30-year home loans were forceful this past week. For More information regarding Crude Oil or the Latest Stock Market & World Information, make sure to visit the Most Exclusive and In Depth newsletter website at: http://www.wallstreetgrand.com/.
Join today and be part of the best free investment newsletter on the web where we focus on market moving news.
On Thursday, April 08, 2010 Oil prices dropped to approximately $85 a barrel. Over the past four weeks, gasoline demand has averaged 9 million barrels per day, an increase of 1.7 percent from a year ago. The United States reported increasing crude stock levels, signifying demand stays quiet.
Due to the improving economy, rates for 30-year home loans were forceful this past week, rising to its highest level in 8 months. Freddie Mac (NYSE:FRE) stated that the average rate on a 30-year fixed rate mortgage was 5.21 percent this week, which has increased from 5.08 percent a week prior. Reports state that percentages haven’t hit that high since the week of August 13, 2009, when averages were 5.29%.
You can contact us during market hours at 1-888-9-ClubGrand (1888-925-8247) or via email at staff@wallstreetgrand.com.
Safe Harbor
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act") including 2009 growth, revenue for the second quarter and year of 2009 and gross margin for the second quarter and year of 2009. Additionally, words such as "seek," "intend," "believe," "plan," "estimate," "expect," "anticipate" and other similar expressions are forward-looking statements within the meaning of the Act. Some or all of the events or results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include the impact of intense competition, the continuation or worsening of current economic conditions and the condition of the domestic and global credit and capital markets.
Disclaimer:
Wall Street Grand LLC has not been compensated by the company for this press release and does not expect to be compensated in the future for any type of awareness. To read our full disclaimer clicks the link http://www.wallstreetgrand.com/disclosure.html.
