Wednesday, December 29, 2010

Good news...if you like paying more

Mortgage rates have hit bottom...which way do they go from a bottom?

Click on the title above or the link below to review the entire New York Times article.

http://www.nytimes.com/2010/12/26/realestate/26mort.html?_r=1

Who's going to be next???

Coming soon to a town or city or state near you - failed pension funds!

Click on the title above or the link below to review the entire CNBC article.

http://www.cnbc.com/id/40791768/

Going UP!

Rising rates, dropping demand - Happy Holidays!

Click on the title above or the link below to review the entire CNBC article.

http://www.cnbc.com/id/40674451

Tuesday, December 14, 2010

Ron Paul to have influence over the Fed?

What changes could be in store? How will this impact, well, many, many things?

Click on the title above or the link below to review the entire CNBC article.

http://www.cnbc.com/id/40638095//

Mortgage rates are starting to rise...more to come

Click on the title above or the link below to review the entire CNBC article.

http://www.cnbc.com/id/40587006

Federal Government pushing to have Fannie & Freddie reduce loan balances...

We went to our favorite housing market expert, Kirk Nace, and asked his thoughts. He suggested we consider the following questions:

As balances are written down aren't those losses suffered by ALL taxpayers, not just the people who made or took out these loans?

When principal amounts are reduced and loans are "handed off" to the federal government, doesn't that mean tax payers will be even more on the hook?

When people owe less, what will stop them from selling for less?

How will that impact prices?

IF these programs are more easily accessed by those who are behind on mortgage payments, what are we encouraging people to do?

Click on the title above or the link below to review the entire Wall Street Journal article.

http://online.wsj.com/article/SB10001424052748703963704576005990436624546.html?mod=googlenews_wsj

Good news for those who like working...

Americans will NEVER be able to retire...

Click on the title above or the link below to review the entire CNBC article.

http://www.cnbc.com/id/40563715