Friday, May 25, 2012

Australia to Weigh Timing of Next Rate Increase as Property Market Cools

October 3, 2010 by  
Filed under mortgage rates

Australia to Weigh Timing of Next Rate Increase as Property Market Cools
Australia’s central bank will decide tomorrow whether higher interest rates are needed to avert faster inflation amid signs that past increases are cooling the nation’s property market.
Read more on Bloomberg

Fed’s ammo depleted by last crisis; can chairman talk his way out of next one?

August 27, 2010 by  
Filed under reverse mortgage

Fed’s ammo depleted by last crisis; can chairman talk his way out of next one?
Fed’s ammo depleted by last crisis; can chairman talk his way out of next one?
Read more on Austin American-Statesman

March 25 – Update on the latest increase in Mortgage Rates and what is going to happen next?

June 18, 2010 by  
Filed under mortgage rates

As we have been saying for the past few recordings the Federal Reserve is ending it’s Mortgage Backed securities repurchase program. Rates went up 0.25 – 0.375 percent in the past 24 hours. What’s going to happen now? What’s the recommended course of action? Watch the video.

NFIP decision delayedVillage officials to scrutinize resolution’s language before next meeting

February 6, 2010 by  
Filed under mortgage insurance

NFIP decision delayedVillage officials to scrutinize resolution’s language before next meeting
Editor’s note: For more about the National Flood Insurance Program and a flier that was distributed, that many said contained misleading information, see Thursday’s edition.
Read more on Morning Times

Reverse mortgages are not the next subprime

January 23, 2010 by  
Filed under reverse mortgage

Reverse mortgages are not the next subprime
Reverse mortgages are for seniors who don’t have enough spendable income to meet their needs but do have equity in their homes, which they don’t mind depleting for their own use rather than leaving it for their heirs. For reasons not clear to me, reverse mortgages are being bad-mouthed [...]

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