NEW YORK (Dow Jones)–Morgan Stanley (MS) is reviewing orders placed by its retail brokerage clients for shares of Facebook Inc. (FB) on a trade-by-trade basis and will make price adjustments if those clients paid too much for the stock, according to people familiar with the situation.
In a memo sent Wednesday to the nearly 17,200 financial advisers of its Morgan Stanley Smith Barney retail brokerage joint venture, the firm says “in [...]
By Amy Hoak, MarketWatch
There are other reasons your rate might be higher. Below are five of them.
1. You’re not paying points
Average rates in Freddie Mac’s survey include average discount points paid for the mortgage. But not everyone is willing to pay points.
For the week ending Oct. 27, rates on the 30-year fixed-rate mortgage averaged 4.1%, but that rate required an average 0.8 point to get it. A point is 1% of [...]
Owners of CRE default on loans. Bad loans build up and sink banks.
1. If this is the case wouldn’t faster price adjustments exacerbate the problem? Kind of like the diiference between draining a dam using the flood gates as oppsed to blowing it up.
2. Office supply pipeline doesn’t seem to mean anything in New York. The city is already well developed.
3. What is the next bubble that is going to [...]