Archive for 'Interest Rates'

Credit System Overhaul

10 August 2010

The economy slowing is not helping either which is barely holding off a new ‘recession’. The government’s spending outside and internally is straining the financial resources of many and frequent rate cuts which the government does to prevent such a disaster from happening cannot go on for too long. The future for the housing market [...]

Treasury Department : Pre-emptive padding for the Economy

10 July 2010

The treasury department has taken steps before the holiday season in anticipation of further instability of the stocks market due to previous trends. One real estate Mortgage Lender has posted losses of almost 2 billion and has re-stocked buffers in anticipation of more problems associated with mortgage interest rates. This has been brought about by [...]

House buyers are waiting…..and waiting….and waiting….

25 April 2010

Market analysts show that people who are indeed on the lookout to purchase real estate are waiting for the dust to settle in the turmoil that the market is currently undergoing. With no end in sight, people tend to be overcautious waiting for prices to fall more and more or the market to stabilize which [...]

Housing market slump may usher in a new recession

21 March 2010

As if the housing market hasn’t been shaken enough by unstable mortgage interest rates predictions by analysts are showing that the current housing market crisis may usher a new recession in the US. Due to bad loans and shady deals the housing market has been on the rocks for the past year prompting the Federal [...]

Stimulus Package, Where????

5 November 2009

The stimulus package the Fed has injected into the economy has done little and people are feeling the crunch. Saving on all they could and prompting them to follow closely their spending. The dollar has maintained a stable hold, just barely as the effects of the housing crisis affects world markets. When will the problems [...]

January – Jaw Dropping House Prices

30 January 2009

As the crisis in the housing market deepens, hopes of a swift end are fading fast as housing market figures put it at it’s lowest in years this month. Figures from the statistics boards show that prices are lowest in many years yet ordinary home buyers are still steering away from any purchases. This is [...]

Reverse Mortgage Supplemental Retirement Financing Strategy

13 August 2008

Image Source: www.bestsyndication.com
A reverse mortgage is a loan for senior citizens. It is often used to cover medical expenses, and is becoming a common way for retired persons to supplement their existing monthly retirement income.
This is a loan that senior home owners may take against their current home. You don’t need to pay monthly [...]

New Mortgage Lending Rules

1 July 2008

The Federal Government has drafted and is seeking to implement new guidelines to be adopted by mortgage lenders and borrowers alike to prevent similar housing market problems in the future. Some analysts see this as a step too late and that the market is already in a deep state of disrepair even with the new [...]

The Real Estate Business isn’t doing bad!

1 June 2008

The National Association of Realtors, in it’s recently concluded annual conference challenged it�s members with an important task this year. The association through its president has announced dismay over the tons of bad publicity the Real Estate business has been getting these past few months due to fluctuating interest rates on mortgages. Many media people [...]

New Home Sales at Lowest Levels

9 March 2008

New home sales are at their lowest points in 13 years and the economic slowdown has further affected the usually booming new house market. Mortgage lenders are expected to come up with more than 20 billion dollars in funds to cover losses. The effects would be long lasting as analysts expect the shake down market [...]