Monthly Archives: August 2012

Pending Home Sales, Prices Up For the Year

The Mortgage Corner Home prices are finally rising nationally, according to same sales in the S&P Case-Shiller Home Price Index. It showed that all three headline composites ended the second quarter of 2012 with positive annual growth rates for the … Continue reading

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Real Estate Leading Recovery—Part II

The Mortgage Corner Further evidence that real estate is recovering is the drop in both vacancy rates and so-called Real Estate Owned (REO) properties—i.e., that banks have taken back in foreclosure. Several analysts, including Calculated Risk, believe this is absorbing … Continue reading

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Increased Consumer Spending a Good Sign

Financial FAQs The most recent retail sales show consumers are able to spend more, even as they borrow more. Add to that credit card delinquencies are at an 18-year low, according to credit reporting company Transunion Corp., and we have … Continue reading

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Consumer Spending Continues to Improve

FINANCIAL FAQs The most recent retail sales show consumers continue to spend, as consumer borrowing is increasing. Add to that credit card delinquencies are at an 18-year low, according to credit reporting company Transunion Corp., and we have a picture … Continue reading

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It’s Ryancare vs. Obamacare

POPULAR ECONOMICS WEEKLY Will Ryancare replace Obamacare? Ryancare could become the campaign buzzword with Mitt Romney’s choice of Wisconsin Republican Paul Ryan as his Vice Presidential candidate. Ryancare is bringing budget-cutting austerity that Paul Ryan once called his “Path to … Continue reading

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Real Estate Now Leading Recovery

The Mortgage Corner Can it be that real estate will give a boost to the next stage of the U.S. recovery? Exports, and so manufacturing has stalled due to the China and European slowdown. Multiple indexes show rising real estate … Continue reading

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Taxes Shouldn’t Be the Main Worry

Financial FAQs Economist and British Lord John Maynard Keynes opined in the 1930s that in the end we are all dead, so why worry too much about anything else? Well, this particular election year there is something else worrying both … Continue reading

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