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Jan 20 2010

FHA Making it More Expensive to Get a Mortgage

ShareTweet 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 […]

Written by Justin Weinger · Categorized: Around The House · Tagged: debt, down payment, economy, FHA, loans, mortgages, recovery

Jan 07 2010

A Divided Fed? What Will They Do Next?

ShareTweet For the first time in a while, it looks like there might be some division among the Federal Reserve’s policy setting members regarding when the central bank should begin to tighten its easy money policies that have been credited with keeping the U.S. economy afloat during the worst economic downturn since the Great Depression. […]

Written by Justin Weinger · Categorized: News · Tagged: bonds, central banks, commodities, debt, dollar, federal reserve, inflation, interest rates, stimulus, treasury, yields

Dec 28 2009

Morgan Stanley Sees Higher Treasury Yields in 2010. Economic Recovery in Jeopardy?

ShareTweet 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). […]

Written by Justin Weinger · Categorized: News · Tagged: bonds, debt, deficit, economy, government, interest rates, morgan stanley, mortgages, recession, treasury, yields

Dec 23 2009

Personal Spending, Income and Savings Up in November

ShareTweet 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 […]

Written by Justin Weinger · Categorized: Investing, News · Tagged: debt, economy, income, inflation, recession, savings, spending

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