Tag Archives: build-greater

ALAN GREENSPAN FIGHTS BACK – THE WALL STREET JOB REPORT

For many years the Fed funds rate and mortgage rates did move up and down almost in lockstep, but starting in 2002 that correlation evaporated. Says Greenspan: " Mortgage rates started moving down six months before we lowered the Fed funds ..
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MORE MIGRATION HAS MEANT MORE ECONOMIC STRESS – MONEY NEWS STORY …

The term 'upside down' -- when a home's market value drops below the amount owed on the mortgage -- is one that many taxpayers in Kendall County have learned the hard way. Two years after the start of the recession, signs of the housing bust .... SmartMoney is a joint publishing venture of Dow Jones & Company, Inc
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BBC – PESTON'S PICKS: THE ACUTE VULNERABILITY OF THE MORTGAGE MARKET

Sadly it will only be a massive increase in interest rates for mortgage holders or a similarly massive increase in house building that will break this deadlock and I look forward to both. ....
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