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| Unique Visitors: 87 |
| Total Unique Visitors: 883533 |
| Visitors Out: 97 |
| Total Visitors Out: 5493 |
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| $35 Billion Towards HFAs: The Real Story |
| 2009-09-29 09:21:25 |
Some of you may not have seen my previous post discussing my FOX Business News’ TV interview, but this was the topic we were supposed to discuss. You check out what happened during the interview here if you want.
Yesterday, the Wall Street Journal published an article titled “$35 Billion Slated for Local Housing” which talked [...]
Related posts:Are You Having Trouble Figuring Out How Much a Trillion Dollars is? With the Obama Administration on a spending spree like no...$35 Billion Towards HFAs: An Interview Gone Bad Yesterday I was invited to be on FOX Business News’...Is a Greater Depression in the Works? And What Will Happen to Mortgage Rates as a Result? Chances are that you have seen articles and other media...
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| $35 Billion Towards HFAs: An Interview Gone Bad |
| 2009-09-29 09:16:11 |
Yesterday I was invited to be on FOX Business News’ Stuart Varney show and I jumped at the opportunity. The reason I was excited was that I got to discuss one of my favorite subjects these days, the government’s wasteful overspending. I was sent a copy of this Wall Street Journal article that talked about [...]
Related posts:$35 Billion Towards HFAs: The Real Story Some of you may not have seen my previous post...
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| The Fed’s Policy Statement – Dissected |
| 2009-09-24 08:16:15 |
I wasn’t able to get to this last night, but here it is, finally, the dissection of the Fed’s Policy Statement and what it means to you regarding mortgage rates (as always, my comments are in bold)…
Information received since the Federal Open Market Committee met in August suggests that economic activity has picked up following [...]
Related posts:The Fed’s Policy Statement and What it Means for Mortgage Rates This afternoon, about 15 minutes ago, we saw the FOMC...Why the Fed’s Policy Statement Has More to do With Dropping Mortgage Rates I posted this yesterday on Fool.com, which I will be...Fed Sees Contraction Slowing, Mortgage Rates Climbing? As I have mentioned numerous times before, the Policy Statement...
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| 9/11 – A Day of Remembrance |
| 2009-09-11 10:13:09 |
Chances are that you are well aware of my “other” profession. Just in case you aren’t, take a look at my picture in the sidebar. As you can imagine, today is a day that I take seriously as those aircrews that died were colleagues of mine. I happened to be based in Washington, DC at [...]
Related posts:Mayor Rudy Giuliani Meets the Florida Mortgage Report Mayor Rudy Giuliani unexpectedly crossed paths with me today...Long Time…No Postings: Lots of Information Coming Soon I know many of you that have followed my postings...Why I Do What I Do Many have wondered exactly why I do what I do,...
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| Here is a Great Example of the Current Mortgage Backed Securities Market… |
| 2009-06-04 18:08:21 |
If you have wondered why mortgage rates have been climbing, falling, and climbing again, here is a great view into the current mortgage backed securities market…
Mortgage backed securities have done three virtual freefalls in the last week and a half, only 8 trading days. Since MBS pricing is what drives mortgage rates, those freefalls [...]...
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| Is the Air Being Let Out of the “Mortgage Rate Bubble” |
| 2009-05-31 15:17:37 |
To begin with, let’s analyze what has been happening to mortgage rates since my last post on the subject, just below and dated May 22, 2009. Since then, mortgage backed securities have plummeted after breaking below their recent trading range on May 23. While they have made back some ground, their virtual freefall has changed [...]...
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| Is the Mortgage Rate Bubble About to Pop? |
| 2009-05-22 19:27:34 |
If any of you have been following my work, especially over at Florida Mortgage Daily where I post regular mortgage market commentary, you knew I coined the next bubble the “Mortgage Rate Bubble” a long time ago. Others are now using the “Bond Bubble”, focusing on Treasuries and not mortgage backed securities and mortgage rates, [...]...
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| Are You Having Trouble Figuring Out How Much a Trillion Dollars is? |
| 2009-05-15 15:07:19 |
With the Obama Administration on a spending spree like no other president before, coming up with a $3.6 trillion budget for 2010, you would think the American public, among all the politicians, would be outraged at the potential effects that will result. But then again, many Americans are only being able to comprehend how much [...]...
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| Money Merge Accounts: More Misleading Information |
| 2009-05-10 15:45:50 |
It is hard to believe that I have been talking about these programs for more than two years now, bringing to light the misleading, even false, information presented by the Money Merge Account sellers. Don’t get me wrong, these bits of misinformation spread out on occasion to other mortgage acceleration product sellers, but the United [...]...
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| Is a Greater Depression in the Works? And What Will Happen to Mortgage Rates as a Result? |
| 2009-05-03 09:20:59 |
Chances are that you have seen articles and other media types reference the relationship between the Hoover-FDR regime and the current Bush-Obama regime. Looking back to the time of the Great Depression (aka the Hoover-FDR regime), we can see shocking similarities that indicate history is destined to repeat itself, though this time may be worse.
Now, [...]...
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