Posted on October 24th, 2008 by moneyvsdebt
Home sales in September were up 51 percent, but values continued to sink as the median price fell by 22 percent, the Florida Association of Realtors reported.
The dramatic rise in sales may have been little comfort for the industry as home values fell from $233,800 in September 2007 to $182,700 last month.
Association members in the [...]
Filed under: Finance, Financial News, Mortgage Information, Positive Encouragement, Real Estate, Real Estate Investing, housing crisis | No Comments »
Posted on September 24th, 2008 by moneyvsdebt
Universal life is similar in some ways to, and was developed from whole life insurance. The potential advantage of the universal life policy is in its flexibility and the potential for greater cash value growth if the interest rates offered outperform the insurer’s general account (that whole life policy cash value growth is based [...]
Filed under: Finance, Financial News, Money Saving Ideas, Mortgage Information, Need to know Information, Product Reviews, Real Estate, Real Estate Investing, a product review, housing crisis | 2 Comments »
Posted on August 25th, 2008 by moneyvsdebt
I’ve been hearing a lot about this new $7,500 tax credit for first-time home buyers, which is part of the newly passed 2008 American Housing Rescue and Foreclosure Act. Is it as great as it sounds?
A new website has been put up with more information about this tax credit. Curiously, the fact that this “credit†[...]
Filed under: Mortgage Information, Real Estate, Real Estate Investing, Tax Deductions, Taxes, housing crisis | No Comments »
Posted on March 31st, 2008 by moneyvsdebt
Federal regulators have eased the lenders’ capital surplus requirements, to inject some much-needed money into the mortgage market
Another stone fell into place in the federal government’s plan to build a path to credit market recovery. On Mar. 19, the Office of Federal Housing Enterprise Oversight, or OFHEO, said it was reducing the amount of capital [...]
Filed under: Ben Bernanke, Finance, Financial News, Investing, Mortgage Information, Real Estate, Real Estate Investing, Stocks, credit scores, federal reserve, housing crisis | No Comments »
Posted on March 14th, 2008 by moneyvsdebt
Even the backing of the New York Federal Reserve and JPMorgan Chase can’t keep hedge funds from fleeing Bear Stearns’ once-vaunted brokerage division.
Some hedge funds that have regularly traded with Bear over the years say they are shifting to other prime brokers, fearing they won’t be able to get their cash [...]
Filed under: Ben Bernanke, Finance, Financial News, Global Economy, Investing, Mortgage Information, Real Estate, Real Estate Investing, Stocks, credit scores, federal reserve, housing crisis | No Comments »
