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volatility

Real Estate

The $7,800,000,000,000.00 Bailout! That’s $7.8 Trillion So Far, Folks!

by Anwell Tsai | November 27, 2008

The U.S. government plans to lend an addition $800 Billion to help ease the current economic crisis. According to Edmund Andrews of the New York Times, the government has already pledged close to $7.8 trillion dollars in financial obligations this past year alone. The additional $600 billion allocated to purchases of debt for Fannie and [...]

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Economy

Mortgage Rates, The Economy and You

by Steve Heideman | November 17, 2008

In Frank Sinatra’s famous tune “That’s Life”, he penned the lyrics: “That’s life, that’s what all the people say. You’re riding high in April, Shot down in May” I am going to change them to “You’re riding high at 4:36pm on Tuesday, Shot down at 3pm Thursday” Lame intro–I know–but my point is made. The [...]

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