New Obama Mortgage Plan: A Backdoor Bank Bailout
Thursday, March 17th, 2011We are looking at tens of billions of taxpayer dollars again being funneled to the very banks behind the mortgage crisis.
Greenspan Sees Economy and Job Growth Gaining Momentum
Thursday, March 17th, 2011Former Federal Reserve Chairman Alan Greenspan said Sunday that apart from the housing and commercial real estate markets, the economy is “showing some buoyancy,” and he expects the pace of job creation to pick up.
U.S. 30-year mortgage rates jump to 8-month high
Thursday, March 17th, 2011Rising bond yields sent U.S. 30-year mortgage rates to the highest level in eight months, home funding company Freddie Mac said on Thursday.
How To Profit By Providing Hard Money Real Estate Loans
Thursday, March 17th, 2011Real estate prices are low, but the lack of available financing is preventing people from taking advantage of them. This of course presents an opportunity for investors. By providing hard money loans, investors can make a healthy profit with low risk. See the following article from REIClub for more on this.
Geithner says parts of US economy “very strong”
Thursday, March 17th, 2011Geithner cites “encouraging signs” on US economy. He says confident financial reform legislation will pass (Adds comments on legislation, context).
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