Tag Archives: CBO

Greece Steps Back From Brink!

Monday, July 13, 2015 10:30 AM Greece is being pulled back frm the economic and financial edge. Over the weekend EU leaders agreed to give Greece €86B ($96B) for new bailout loans. The carrot depends on Greece accepting an increase … Continue reading

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Interest Rates Have Risen a Little Today! :(

Mortgage News: By Karen Brettell NEW YORK, March 26 (Reuters) – U.S. Treasury prices fell and benchmark 10-year note yields rose above 2 percent on Thursday after the government saw tepid demand for a $29 billion sale of seven-year notes, … Continue reading

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New Appraisal Rules

SOMETHING NEW, SOMETHING BLUE?:   COLLATERAL UW Collateral Underwriter by FNMA launches on Monday, January 26th . . . don’t know what that is?   Don’t worry, you are not alone Here is the definition of Collateral Underwriter: Collateral Underwriter (CU™) is … Continue reading

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FEDS KEEP RATES LOW

  Don’t miss out while Rates Stay LOW! Interest rates are staying low. They won’t be raised until the economic soup is just the right temperature, and right now it is still way too cold. Even if inflation magically bounces … Continue reading

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Home Prices Are Going Up Up Up

The chart below shows the national median price for homes over the past four decades. On the right side of the graph, we can see where prices peaked around 2006. What followed was the first and only national decline in values over that 40-year era. … Continue reading

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Ukraine and Russia and Interst Rates

    This too will pass (at least for markets); how soon and what the sanctions are going to be for Russia are the determining factors. Russian troops in Crimea and Russian leaning Ukrainians are dominating the situation currently. Russian … Continue reading

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Mortgage News

When I bought my first house I sat across from a mortgage broker and thought I could do a better job than she is doing. I was a first time home buyer and much of the information she was giving … Continue reading

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