ARCHIVED BLOG POSTS

2007 

 Cramer says: "Don't you dare buy a home now - you will lose money."(Click on the link above to see the video!) Hmmm...what do you make of that?  Lenn Harley has an excellent rebuttal! Read her post: JIM CRAMER, REAL ESTATE, THE STOCK MARKET, and SOME PERSPECTIVE Additional Article(s) of Interest...
09/28/2007
Recapitulemos:La hipoteca de tarifa fija 30-year hizo un promedio de 6.34%, encima a partir del 6.31% la semana pasada. La hipoteca de tarifa fija 15-year hizo un promedio de 5.98%, encima de levemente a partir del 5.97% la semana pasada. La hipoteca de tarifa ajustable de un añ0 hizo un promedi...
09/25/2007
Let’s Recap:The 30-year fixed rate mortgage averaged 6.34%, up from 6.31% last week. The 15-year fixed rate mortgage averaged 5.98%, up slightly from 5.97% last week. The 1-year adjustable rate mortgage averaged 5.65%, down slightly from 5.66% last week. Interest rates rose ever so slightly this ...
09/24/2007
I think it's safe to say that we all know Inman News! Well, they've just released their report on the 100 Most Influential People In Real Estate. And guess what? Some bloggers made the cut too!   *Note: You can download the report at The Industry Report blog by CLICKING HERE. And now, some of Ric...
09/23/2007
In a recent article by Reuters UK, yet another lender falls victim to the "Mortgage Market Meltdown": "HSBC Holdings, Europe's biggest bank, said on Friday that it would close its U.S. subprime mortgage unit, cutting 750 jobs and taking an $880 million writedown, because the business is no longer...
09/21/2007
7 Comments
There's been a much anticipated rate cut for the past couple of weeks. In fact the cut in the Discount Rate was seen as a prelude to a cut in the Fed Funds Rate. The only question looming in people's minds was whether we would see a cut of 25 or 50 basis points (.25% or .50%). Now to the good par...
09/18/2007
Let's Recap:The 30-year fixed rate mortgage averaged 6.31%, down from 6.46% last week. The 15-year fixed rate mortgage averaged 5.97%, down from 6.15% last week. The 1-year adjustable rate mortgage averaged 5.66%, down from 5.75% last week. Those looking to purchase or refinance a home may find ...
09/17/2007
Recapitulemos:La hipoteca de tarifa fija 30-year hizo un promedio de 6.31%, abajo a partir del 6.46% la semana pasada. La hipoteca de tarifa fija 15-year hizo un promedio de 5.97%, abajo a partir del 6.15% la semana pasada. La hipoteca de tarifa ajustable de un añ0 hizo un promedio de 5.66%, aba...
09/17/2007
If you read my previous article, "Pointing the Finger At Who Is To Blame," you know that the Federal Reserve is often criticized for not having stepped in to resolve our credit problem earlier on. To be more specific, the Fed and Alan Greenspan are criticized for having kept interest rates low fo...
09/13/2007
5 Comments
How many of you are guilty of playing the Blame Game? You point the finger at someone else and you say,         "it's their fault! Not mine." Well CNNmoney.com has compiled their top list of who is to blame for our credit fiasco. But before you see it, who do YOU think is to blame?    >>>>>>CONTI...
09/11/2007
Rainer
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Ricardo Bueno

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