Economy
01.12.2009
Economy, Mortgage
A looming shift in Federal Reserve policy could send the 30-year fixed mortgage to 6% or higher, up from Monday’s rock-bottom rate of 5.02%. For all the hullaballoo about the stimulative impact of last week’s decision to extend the $8,000 First-Time Home Buyer Tax Credit and create read more
17.11.2009
Economy, Real Estate
Propelled by the first-time homebuyers tax credit, nearly half of home sales are now being made by first-time purchasers, according to an industry report released Friday. In fact, 47% of all Americans who purchased homes this year had not owned one read more
12.10.2009
Business, Economy, Shopping
Which muckraking journalist observed that nobody ever went broke underestimating the intelligence of the American public? I may as well just tell you the answer, since chances are you can find it the way I did, in 10 seconds or less, with the help of a search engine on your phone read more