Tag Archives: inflation

Interest Rates Staying Low

Last Wednesday, the Fed unexpectedly delayed reducing its Bond purchase program as Bernanke said that the economy still isn’t strong enough to begin easing back its purchases. This was surprising news from the Fed, assuring the country that easing will continue at its current pace, at least for now. This news seems to be a […]

Read More

Now is the Time to Buy a House….in Fact, Buy TWO!!!

http://buzz.money.cnn.com/2013/07/17/john-paulsons-housing/?iid=HP_LN John Paulson, owner of the hedge fund Paulson & Co, has made millions betting against subprime mortgages.  Now he’s saying that buying a home is one of the best investments one can make.  He believes we are still very close to the bottom of the housing market and that the recovery will continue for […]

Read More

Rising Mortgage Rates may Spark Home Sales

Slowly increasing mortgage rates are prompting some prospective buyers to jump off the fence and buy a home.  Rates have risen 1/2 a point to between 4 & 4.25% since setting record lows last fall around 3.5%.  Though many home owners still remember when interest rates during the inflationary times in 1981 & 1982 exceeded […]

Read More