|
FED and Ben Bernanke have the last couple of weeks put an end to the speculations that a cut in interest was on the agenda in near future. The slowing growth in the US lead to expectations that... Related Article Tags: , , , , , ,
Fed and Ben Bernanke did cut interest with 50 points which helping the US economy to stay out of a recession. Though critics is not impressed by the FED:s decision to move interest as much as 50 points. The slowdown of the US economy is according to critics not as steep that an interest cut is necessary, but Fed seems to be terrified that the US consumer should stop spending money cause the problems in the housing sector. Related Article Tags: , , , ,
There is a lot of speculation and debate among economists about whether the Federal Reserve will raise the Fed's short term interest rate to 5 per cent in their meeting on Wednesday. One thing that is not receiving much attention in all of this is how these steady increases are effecting the bond market, and an inversion in that market has caused a change in mortgage interest rates that hasn't been seen in over 20 years. Related Article Tags: , , , , , , , ,
If you're shopping around for your next home mortgage loan, whether for a first time home purchase, uprading to a newer home or refinancing your current home loan, discover the essential tips to shopping for a mortgage. Related Article Tags: , , , , , , , , , ,
Do you know the definition of a recession? Do you know who determines when we enter a recessionary period or when it's over? This article is intended to provide the average reader with recession basics. Related Article Tags: , , , , , , , ,
With the market still feeling the shakeout from the tremors of the subprime mortgage fiasco, the Federal Reserve Chairman Ben Bernanke is now directing regulatory focus towards Fannie Mae and Freddie Mac. The Chairman recognizing the tremendous power of these two financial heavy weights as having the potential to bring the U.S. financial markets to its knees is looking for action. Fannie Mae and Freddie Mac (Government Sponsored Enterprises) have been recently chided by regulators regarding its cloudy accounting practices. Related Article Tags: , , , , , , , ,
The mortgage market is constantly changing, and smart consumers keep a close eye on those changes to determine the most strategic time to apply for a mortgage. At this point, the difference in interest rates between an adjustable-rate mortgage (ARM) and a fixed-rate loan has narrowed significantly. Related Article Tags: , ,
The construction industry took a beating due to the financial crisis. Just how bad did home building decline? It depends where you look but overall, the numbers are very frightening. In a report released recently, new order for homes built in the third quarter of 2008 was down 25 per cent compared to last year. In numbers, that is 2,002 homes for this year compared to 2,660 homes in 2007. Related Article Tags: , , ,
Recently I reviewed several successful contractors. They were pond, paving stone, electrical, cabinet builders and a chimney company. I found an interesting thing. It was something common to all of them. Related Article Tags: , , , ,
It's time for tighter monetary policy. Believe it or not, it's finally happening. It's dawning on Federal Reserve policymakers and on many other global central bankers from Canada to Asia to Europe ... and beyond are tightening up on monetary policy. Related Article Tags: , , , ,
Investors disappointed with the stock market's sub-par performance have piled into other asset classes. One such good potential asset class is the bond market, which has been attracting a lot of investment dollars, largely at the expense of stocks. But that hot rally may be nearing its end. No prizes for guessing which asset class will benefit from the coming bond bust. Related Article Tags: , , , , , , , , , ,
Hard money loan and hard money lender information for real estate investors. Related Article Tags: , ,
Where does mortgage money actually come from? When you get a $500K mortgage, who actually writes the checks? Most people have no idea. Does it come from a bank? Does it come from the government or some large quasi-governmental agency like Fannie Mae or Freddie Mac? It all seems so confusing and the numbers are so big that they become abstract. But an understanding of where the cash comes from is the first step to understanding how the mortgage industry operates. Related Article Tags: , , , , , , ,
|
