Bankrate’s Greg McBride; “2013 Favorable for Borrowers”



Bankrate’s senior financial analyst, Greg McBride, CFA, talked recently about the 2013 mortgage rate forecast . Today RealtyBizNews spoke with McBride about the news as it applies to industry professionals and consumers. Bankrate projects interest rates to remain steady at between 3.5 & 4.0 %.

Someone Is Stealing Your Money – How The Fed is Picking Your Pockets



Federal Reserve Chairman Ben Bernanke frequently points to “low inflation” as justification for a continuation of his current policy of Quantitative Easing (QE1, QE2, QE3, QE4). Simply put, Bernanke believes, (or is betting), that he can continue to flood the economy with newly printed, nearly worthless dollars because inflation is still low and deflation is supposedly the real problem.

A Peek Inside The Real American Economy – Trickle Down And Trickle Up Economics



In all of the media wrangling over the fiscal cliff, the tax increases, phony spending cuts, “trickle down economics” and all the rest, I think the media and the federal government have lost all sense of the realities of day to day life for the typical small business owner.

Obama And Boehner Agree On General Framework For Lying To American Public



As the fiscal cliff negotiations continue over who gets to pay more income taxes, the good news is that President Obama and House Speaker Boehner have made significant progress. They’ve already got a framework in place for exactly how they plan to mislead the American public about the economy and inflation. Once that is done, it’s relatively easy to cut the deficit and tell the public that things are OK.

Bernanke Says Not To Worry, He’ll Just Buy The Fiscal Cliff And Turn It Into A Public Park



It’s getting pretty obvious to anyone who is paying attention, that Fed Chairman Ben Bernanke believes he must do something about the fiscal cliff. He’s just announced plans to create and spend $85 BILLION PER MONTH on mortgage and treasury securities – that amounts to more than 1 TRILLION dollars over 12 months!

Fiscal Cliff “Deal” Highly Unlikely, Grab Your Parachute, Get Ready To Jump



The idea that President Obama and House Speaker John Boehner are going to come to some sort of legitimate “compromise” to avoid the so called “fiscal cliff” is akin to expecting the NFC and AFC winners to come to a negotiated agreement over which team will be the winner of the superbowl.

The Business Of War – Too Big To Fail?



When it comes to spending federal tax dollars, the biggest piece of the pie goes to fund the U.S. military. Bigger than all of the Bank bailouts, bigger than the Fannie Mae – Freddie Mac bailouts, bigger than FHA’s 34 billion dollar deficit, bigger than the auto industry bailouts, bigger than any other “too big to fail” entity, COMBINED.

Are You Investing In A Local Housing Market That Would Be Drastically Impacted By The Fiscal Cliff?



One of the most unique aspects of investing in real estate is the fact that individual local markets can be quickly and significantly impacted for better or worse, by changes in local market conditions. The fiscal cliff represents just such a possibility. Assuming there is no agreement forthcoming for avoiding the “fiscal cliff”, real estate […]

Is The Fiscal Cliff A Genuine Threat? Or Just Another Handy Crisis?



Well we all know that the so-called “fiscal-cliff” is looming for new years day 2013. For months it has cast a pall of doom over the pending new years holiday.

SFR Investors To See Glut Of Highly Motivated Sellers As MDR Act Likely To Expire At Year’s End



The Mortgage Debt Relief Act is due to expire at Midnight, December 31, 2012. This means that distressed homeowners who are trying to complete a short sale or foreclosure will be liable for taxes on the amount of their loans which is forgiven – IF their transaction does not close by December 31st. There has […]

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