Blog Archive: October 2008

Welcome to Ilyce Glink's blog! Here you'll find Ilyce's latest insights on personal finance advice, real estate advice and consumer issues. Come back often for timely and interesting posts on a wide variety of topics.

Federal Government Issues Student Loan Announcement

Added October 10, 2008 by Melanie G. Rogers

Continuing constraints in our capital markets have posed challenges for students and student lenders throughout the last year. We recognize that education is the foundation of a strong American workforce and we must not let challenges in our capital markets hinder our students' opportunities. Given…

Topics: student loans

Stock Markets Vacillate, Credit Markets Remain Stuck

Added October 10, 2008 by Melanie G. Rogers

The Dow Jones Industrial Average dropped again this morning. It was down another 200 points just before 9am Central time. It briefly rose and then began to fall again.

Peter Costa, a long time trader and CNBC analyst, said this morning that the recession is being priced into the stock market. He…

Topics: stocks

NAR's Index Of Pending Home Sales Rises In August

Added October 9, 2008 by Melanie G. Rogers

The National Association of Realtors announced yesterday that pending sales of existing homes rose in August to 93.4, up from 87.0 in July. That's a 7.4 percent increase month to month and it's up 8.8 percent over August 2007.

The index is at its highest level since June 2007, when it was at 101.4…

Topics: housing market

Where Were We A Year Ago?

Added October 8, 2008 by Ilyce R. Glink

8-Oct-07 Opened: 14,065.36 Intraday High: 14,134.05 Intraday Low: 13,747.41 Closing Price: 14,043.73 Volume: 20,406,500

And what was the high point for the stock market in October 2007? The magic date was October 9, 2007 (tomorrow)

9-Oct-07 Opened: 14,043.73 Intraday High: 14,198.83 Intraday Low…

Topics: stocks