Barclays Bank releases research that suggests you've never had it so good with the affordability of mortgages... and they would be right. The government and banks have colluded to steal money from savers to prop up feckless borrowers with record low interest rates, while the rape of savers continues for year upon year.Recorded from BBC News Channel, 28 February 2011.
Monday, February 28, 2011
Tuesday, February 22, 2011
Real Estate Bubble Part Two?
Feb. 22 2011 | Insight on whether real estate is on the mend or if there is another bubble in the works, with Scott Rechler, RXR Realty chairman/CEO.
Friday, February 11, 2011
Government to Wind Down Fannie Mae and Freddie Mac
The Obama administration is laying out three broad options for overhauling the mortgage lending system, but will let Congress make the final decision. (Feb. 11)
The ultimate American Dream gets harder and harder for many to achieve. All this current Administration does is bailout the most wealthy of companies. Those in the Credit business are legal lonesharks.
The ultimate American Dream gets harder and harder for many to achieve. All this current Administration does is bailout the most wealthy of companies. Those in the Credit business are legal lonesharks.
Thursday, February 10, 2011
The Underwater Mortgage
A new report from Zillow reveals that 15.7 million single-family homeowners are currently underwater on their mortgages. Amber Dakar provides some steps that you can take if you are one of the people who finds themselves underwater in their mortgage.
Tuesday, February 8, 2011
Big Housing Market Changes Ahead
Radical Mortgage Market Changes
Feb. 8 2011 | Discussing the future of residential financing, with CNBC's Diana Olick; John Taylor, The National Community Reinvestment Coalition and Stephen Meister, "Commercial Real Estate, Restructuring Revolution" author.
Home Prices Decline
Feb. 8 2011 | Despite improving home sales, prices are down for the fifth straight month. CNBC's Diana Olick has the details.
Monday, February 7, 2011
Steve Keen, SELL YOUR HOUSES! Australian Housing Bubble about to burst
The 7 PM Project Steve Keen, May 4th 2010 SELL YOUR HOUSES!
http://australiadebt.org The 7PM Project Steve Keen, http://australiadebt.org May 4th 2010 The false belief of housing shortage is a myth and the truth is there are enough houses, the only underlying cause of the property boom and soon the property crash is DEBT SUPPLY. SELL YOUR HOUSES! He is absolutely right. It has to happen, just when we don't know. If more income goes into your home, that means less retail spending, which means loss of jobs and a shit ecomony.
As soon as the property bubble is on Today Tonight or A Current Affair watch out - that's when the last Australian's who didn't know will find out and the bubble will burst.20% in a year, yeah stay in the market, that's sustainable It's called the height of the market when prices move like that. - the greater fool theory.Real investors look for undervalued assets not overvalued assets, that's why there's more poor than rich. Property is bubble very around the world with the exception probably some developing nations which people buy house with cash... not 20% down the rest are mortgage.
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