Scott's Blog

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Mortgage and Lending - 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? ...
09/22/2008
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...
09/18/2008
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 ...
09/15/2008
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...
09/02/2008
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...
09/01/2008
Rainer
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Scott Otsuka

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