ShareTweet Thanks to record low mortgage rates and home prices that have fallen roughly one-third on a national level from the real estate bubble’s peak, buying a home is now more affordable than it has been in decades. (NOTE: This takes into consideration the price of the house/mortgage only, not other costs such as HOA […]
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. […]
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). […]
Bond Yields Rise, Indicating Belief in Economic Recovery
ShareTweet 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 […]
When Should The Fed Start to Raise Rates?
ShareTweet According to an article by Chris Isidore of CNNMoney.com, a vast majority of economists expect that the United States Federal Reserve will keep its overnight lending rate – to which many home equity and credit cards interest rates are tied – near 0% through 2010 and into 2011. Obviously, this is great news for […]