Category Archives: economic news

Mtg rates lowest in history

If you can qualify and you have not done, you are a dope. People are too jaded about low rates and don’t understand that this is not normal in the course of history. Things will change and you will kick yourself. Living in an apt? Shame on you. Not investing because you have no money?…

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Double Dip?

The  press is full of news talking about a 2nd recession. Is this the tail wagging the dog or the dog wagging the tail? The press has the power to distort facts, create emotion and to create a self fulfilling prophsy. Even the stock market is playing into people’s fears. The usual thought is that…

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Buying is cheaper than renting

That’s why you need to buy if you can qualify and why this is the best time to buy and hold. What this means is that the ratio of prices to rent is in your favor as a landlord. Look at it like a PE ratio on a stock. I see so many houses that…

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Great news service

As you know, i am an economic junky because i believe that you  have to  know what is going on in the economy to be able to make predictions about real estate. The service i get is  called , The Daily Reckoning” and i love it for its take on the economy. Here is their…

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