Scott's Blog

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Real Estate Mortgage Broker - Infinity Financial Mortgage

ARCHIVED BLOG POSTS

2008 

... And the reason is..."The bail-out of the financial markets could potentially cause a Trillion dollar deficit, which weakens the dollar.  So, of course since oil is priced in dollars it HAD to go up...right? ...
Posted over 5 years ago
8 Comments
Myth: The financing has all dried up, nobody can qualify to buy a house I don't believe it and neither should you.  Okay, Clearly we are grading on a curve.  Is it harder to get a buyer financed now than it was a couple years ago?  Sure it is, and thankfully so. Fannie Mae and Freddie Mac have ti...
Posted over 5 years ago
I don't know if Nostradamus saw this coming 450 years ago, but if you keep your ear to the ground, or CNBC, you have seen this train wreck coming for weeks. Lehman Brothers is bankrupt, Merrill Lynch was sold for a deal that makes Manhattan Island for a handful of beads look bad, and AIG dropped ...
Posted over 5 years ago
I am constantly having this discussion with my 13-year old daughter.  Whatever it is, come tell me.  You would much rather I hear it from you first.  If I hear it from someone else, you can't control the message.  Facts and details that are clear to you may become fuzzy or embellished with the re...
Posted over 5 years ago
6 Comments
Man, if there's one thing I hate doing, it's putting out a prediction.  Unless it's for an 80-year time horizon you are setting yourself up not just to not be right, but to in fact be wrong.  With that said, oil SHOULD drop Tuesday.  After a big run up in anticipation of Gustav churning to as muc...
Posted over 5 years ago
Rainer
9,347

Scott Otsuka

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Additional Information

You will find that my blogs tend to occupy one of two categories. As a committed economy junkie I will frequently give you my insights on where I think the economy is going or what is causing it to be where it is. Please be patient with the other type which are the cathartic rants of a lender on the razor's edge of reason.