Interest Rates by Ryan Hinricher | April 12, 2010Last week’s Freddie Mac mortgage survey pegged the 30-year fixed mortgage rate at 5.21%, the highest since August of last year. While rates are still relatively low, the increases in the last few weeks will likely mark the end of record low rates. The timing of the increases over the last couple weeks falls in [...]
Read the full article → Economy by Peter Giardini | September 22, 2009I was listening to a financial talk show on the radio the other day; the host was going nuts over an upcoming Treasury auction where over $140 Billion in 2, 5, and 7 year notes were going to be auctioned. This would represent the most auctioned at one time ever, and would be on top of $60+ Billion in notes auctioned the week before.
This got me to thinking about how much debt was out there and ultimately where current mortgage rates were and what direction they were headed in. Here is what I found…
The State of Debt
In my search I ran across this very sobering set of statistics about who holds the most US debt… take a look at the data, and if you’re not concerned about where interest rates and inflation are heading, then you must be asleep.
Read the full article →
Who is Better for the Real Estate Market: McCain or Obama?
by Joshua Dorkin | August 28, 2008Do you think that John McCain or Barack Obama has better policies for the real estate market? I’m curious about how folks see the 2 major party presidential handling the real estate marketplace and I’m interested in starting a discussion taking into account, tax policy, monetary policy, and other factors. I don’t want to hear [...]