There’s a big tension running through the markets of our fair country. It starts at the top and runs all the way down through the local governments and banks and directly into your pocket. It’s something that affects every homeowner and would be homeowner so you’d do well to pay […]
Raising the debt ceiling… I’ll just let those words sink in for a minute before I continue. It’s going to be the biggest battle this year. And as much as everyone promises it’s not going to be a drama showdown this year we all know where the debate is headed. […]
You remember when Obama established the Consumer Financial Protection Bureau, right? It was meant to safeguard the interests of consumers, at least as far as credit and loans went. So the group has been together for a little over a year and they just released a report to tell us […]
If you thought subprime loans caused the financial crisis, you’ve apparently never spoken with the US government. Washington has decided to offer guaranteed loans with no regard to your income or credit. It really gets even funnier than that, so check out this video for more info.
According to Altos Research, home prices will start 2011 at lower levels than they started 2009. Yeah, they’re pretty pessimistic over at Altos. You’d think out in California they’d be a little more relaxed. They, like oh, most of us, have heard about the “shadow” inventory that’s just looming in […]
You know those banks that got bailed out last year? Of course you do. You remember, they took all your tax money and it seemed to disappear. Yeah, I see you nodding your head. You know the banks I’m talking about. Well, I’m no expert (not about banks anyway), but […]