US Housing Data Wrong Again?
Submitted by IamAnInvestor (bestcashcow.com)
US Housing Date Could Wrong
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Related Tags: Real estate, Housing bubble, Credit crunch, Mortgages, Economy, Housing market, Sales, Recession, Real, Real estate bubble, Estate, Rent versus buy, Home prices, Fed, Freddie mac, Bubble, Mortgage, Foreclosure rates, Financial, Fannie mae, Housing decline, Asian markets, New york, Credit crisis, Schiller index.
Everyone seems to agree that home prices are going to decline, the question is by how much. The National Association of Realtors says 1.2% while others like Christian Menegatti, lead analyst for...
US Housing Date Could Wrong
Robert Reich served as Secretary of Labor under Clinton. He's a smart, although bit liberal, guy with good access to politics and Wall Street - His friend is Robert Rubin, Chairman of Citibank....
Just a year ago if you didn't own a home you were out of the game. My what a difference a year makes. Now, if you own a home you're pretty much stuck. You have to find a buyer, a mortgage, etc.
Boston's Federal Reserve President Eric Rosengren said in a speech in Hartford that the current real estate downturn could be the longest one in the last 50 years, and risk pushing the country into...
Century 21 CEO discusses the real estate market and of course he's not that gloomy. It's his job to keep the houses selling. He lists four factors that are key to homesales and points out that...
Just two years ago experts were saying you were crazy if you rented versus bought a home. My how the times have changed.
The real estate wows continue to pile up. Freddie Mac reported a loss of 2 billion for the third quarter, or nearly 7% of...
Fortune.com posted an interesting article about some account changes that Fannie has made that helps to hide an increase in non-performing loans. The disclosures sent the stock down almost 5% on...
In one corner you have the fact that more adjustable rate mortgages are due to reset, the economy is slowing, and home prices continue to decline. In the other corner you have banks who say that...
The bad news continues for housing. If you need buy you might want to wait. Prices are still coming down and probably will be for quite some time.
Looking to spruce up your house and get it ready for a sale. Think about wood floors, at least in the Northeast.
I think everyone who doesn't have his head in the sand realizes that the housing market has a long painful slide ahead of it. I am trying to protect my biggest investment
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BestCashCow provides rates and information on a wide range of financial products - savings accounts, CDs, credit cards, and more. - as well as financial information gathered from across the Web.
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Type
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Rate
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Institution
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4.01%
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Everbank
|
|
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2.57%
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Dreyfus
|
|
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~4.00- 12.00%
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Various brokerages
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|
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3.35%
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GMAC Bank
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|
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4.00%
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IndyMac
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|
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4.25%
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IndyMac
|
|
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4.50%
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Wachovia Bank
|
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5.00%
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Wachovia Bank
|
|
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4.84%
|
US Treasury
|
|
|
4.00%
|
Federal Home Loan Bank (state and local tax exempt)
|
|
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3.32%
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Northrop Grumman FCU
|
|
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3.90%
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Alliant CU
|
|
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4.08%
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Self-Help CU
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|
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4.44%
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Self-Help CU
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|
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2.00%
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Various brokerages
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2.28%
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Various brokerages
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|
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3.04%
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Various brokerages
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|
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3.68%
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Various brokerages
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4.21%
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Various brokerages
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