Monthly Archives: November 2013

Conforming Loan Limits Won’t Decline in 2014

The Mortgage Corner The Federal Housing Finance Agency has just announced it is keeping conforming loan limits at the same level in 2014 for most areas in the country. Fannie Mae and Freddie Mac can guarantee mortgages up to $417,000 … Continue reading

Posted in Consumers, Housing, housing market, Politics, Weekly Financial News | Tagged , , , , , , , , , , | Leave a comment

What Should We Be Thankful For?

Financial FAQs There is still much we can be thankful for this Thanksgiving, in spite of tax raises and government spending cuts that affect mostly the poorest—whether it’s less food stamps, early child care, environmental protection, and maybe even fewer … Continue reading

Posted in Consumers, Economy, Housing, housing market, Politics, Weekly Financial News | Tagged , , , , , , , , , , | Leave a comment

Equality Is Good For Everyone!

Popular Economics Weekly It looks like some states are beginning to take the equality issue seriously again. Massachusetts just raised their minimum wage to $10 per hour, California is raising it to $8.25 over 2 years, with New Jersey and … Continue reading

Posted in Consumers, Economy, Macro Economics, Politics, Weekly Financial News | Tagged , , , , , , , , , | Leave a comment

Is Builder Optimism, New Home Construction Faltering?

The Mortgage Corner Will new-home construction falter, now that interest rates are rising and consumers remain unsettled over Washington’s political gridlock that prevents any legislation being passed that would aid economic growth? Builder confidence in the market for newly built, … Continue reading

Posted in Consumers, Economy, Housing, housing market, Politics, Weekly Financial News | Tagged , , , , | Leave a comment

Why Do We Have Two Countries?”

Popular Economics Weekly   Former CIA assistant director Mike Morell lamented on a recent CBS 60 Minutes that he didn’t understand why congressional Democrats and Republicans couldn’t work together to boost economic growth for “the good of the country” when … Continue reading

Posted in Consumers, Economy, Macro Economics, Politics, Weekly Financial News | Leave a comment

Thanks For Nothing, Washington!

Financial FAQs Democrats have bought the Republican lie that Democrats were the big spenders, it seems, with the draconian federal budget cuts enacted over the past 2 years. But recent statistics show it’s been the Republicans since 1980 that created … Continue reading

Posted in Consumers, Economy, Macro Economics, Politics, Weekly Financial News | Tagged , , , , , , , , , , , , | Leave a comment

Are Consumers Losing Confidence in Housing??

The Mortgage Corner The unanswered question to date is how the debt ceiling impasse and government shutdown has affected economic activity.  Both the industrial and service sectors have shown stronger growth, according to the Institute of Supply Management (ISM).  But … Continue reading

Posted in Consumers, Economy, housing market, Politics | Tagged , , , | Leave a comment