Posts tagged as:

economy

FHA Making it More Expensive to Get a Mortgage

by Brian Carr on January 20, 2010

Share In what may be yet another blow to the housing market – don’t fool yourselves, kids, the housing market isn’t currently rebounding, nor will it start its rebound any time soon – starting tomorrow, the Federal Housing Administration (FHA) will make it more expensive and harder to get a loan through them. Don’t get [...]

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Share Thanks to a ballooning Federal fiscal deficit, Oliver Biggadike and Daniel Kruger of Bloomberg.com report that the chief fixed-income economist at Morgan Stanley believes the yield of 10 year U.S. Treasury will climb to 5.5% in 2010, which is about 40% higher than the current yield.  (Click here to read their article in full). [...]

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Personal Spending, Income and Savings Up in November

by Brian Carr on December 23, 2009

Share According to the Commerce Department, personal income climbed 0.4% during November, which is the largest increase in the past six months. Additionally, personal spending increased by a modest 0.5% in November as well. While it’s good to see these numbers increasing, it should be noted that the gains in both personal income and personal [...]

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Share Don’t look now, but it appears that investors are betting on an economic recovery in 2010 that will be stronger than most economists are currently predicting. Since the beginning of the week, the yield on the 10 year Treasury bond – which is pretty much the benchmark in terms of outward looking economic indicators [...]

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