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Here is a look at a trend that has been making waves with real estate professionals. Should there be a difference in value between a bank owned home and a non foreclosed property?
Read →Nobel winning economist Paul Krugman believes there is a 30-40% change of a double-dip recession in 2010.
Read →Fed Chairman Ben Bernanke, in a speech to the American Economic Association said that the low rate policy of the Fed in 2001-2004 played only a small role in the housing bubble. What were the culprits? Lax regulation, lax underwriting, and global capital flows.
Read →Some feel the economy is not moving forward as was thought, but it's hard to argue against some of the data that just keeps coming out; like jobless claims for example.
Read →The US government owns Citibank and the government should close down the behemoth's highly corrupt research team that purely manipulates stocks.
Read →The average rate on a 30-year fixed mortgage rose to 5.14% this week according to data from Freddie Mac. That's higher than the 5.10% rate at this time last year.
Read →The municipal bond insurance market took a beating during the financial crisis, virtually disappearing. Now the question everyone is asking is, do we need it?
Read →It is tough to keep up with the market and all the news that gets released each week, even for the professionals. Every month we are given economic data in the form of indicators and these indicators help get a read on the econoomy.
Read →In order to understand the AIG debacle or any other possible seizure or bailout of an insurance company, it is important to understand the inner-workings of the insurance industry.
Read →The rate of decline has declined, but it has still declined. Or, put another way, housing prices are still declining on a year-to-year basis, but that rate of decline has slowed.
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