Enter your email address:

Delivered by FeedBurner

Are you involved in New Jersey Real Estate?

New Jersey has experienced a 3.7 per cent increase over the last few years. New Jersey is also the most densely populated and the second wealthiest state in the U.S. due in part to some of its cities serving as part of the Greater Metropolitan areas of New York City and Philadelphia. The largest cities [...]

Treasury mulls plan to lower mortgage rates to 4.5%

Move would help homeowners and buyers with good credit, but would do little for troubled borrowers, experts said.
Lobbyists are pushing the Treasury Department to consider a plan to purchase mortgage-backed securities in the hopes of driving mortgage rates to as low as 4.5%, an industry source said.
Similar to an effort unveiled last week by the [...]

Lower mortgage rates no silver bullet – BUT HELL Their still LOWER! :-D

The government is weighing plans to drive rates as low as 4.5%. But experts say that won’t be enough to stabilize the housing market.
Does anyone really think this will help much if unemployment is up near 8%? How exactly are people going to continue paying thier new lower rate mortage if they don’t have [...]

Fed Finally Wakes Up! Backs consumers to the tune of $800 Billion

The Federal Reserve and Treasury Department on Tuesday unveiled a plan to pump $800 billion into the struggling U.S. economy in an attempt to jumpstart lending by banks to consumers and small businesses.
The government hopes that these initiatives will enable more money to flow to consumers in the form of loans than has occurred so [...]

Home prices see another record plunge

Yahoo housing prices dropped again! I understand if you purchased to much home or you’re in over your head it might suck for you. However, you can’t feel to bad because the stupid Fed and this retarded bail-out plan are going to help you with a soft landing anyway. Hopefully you’ll learn [...]

Close
E-mail It
ss_blog_claim=5b692e1bffe08d3fc390ab7bdcc99158 ss_blog_claim=5b692e1bffe08d3fc390ab7bdcc99158