Tag Archives: Great Recession

Why Is Mortgage Lending Still Restricted?

The Mortgage Corner We can thank the Great Recession for most of it. Banks have become much more conservative, and builders are building approximately 50 percent fewer residences vs. the 2 million housing units at the height of the housing … Continue reading

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Is Happiness That Important to Americans?

Popular Economics Weekly What a strange question to ask Americans! We are the wealthiest country in the world, right? But a recent survey claims to show that wealth accumulation is not the first priority for most of the world. In … Continue reading

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A Greater Lawlessness—On Tyranny

Financial FAQs Have we elected a tyrant as President? It’s hard to believe the clownish behavior and blatant lies of President Donald Trump could make him a tyrant, but author and history Professor Timothy Snyder says he has all the … Continue reading

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Home Ownership Is Rising

The Mortgage Corner An improving economy, multiple years of strong job growth and the notable increase in home values in most markets fueled a greater share of purchases from Generation X households over the past year, says the National Association … Continue reading

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What, Now A Trump Recession?

Popular Economics Weekly Economists are already warning that if President-elect Trump’s policies are enacted, such as initiating trade wars, or the wrong tax cuts, or even cutting back on social security and Medicare benefits, we could see another recession, similar … Continue reading

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Why Brexit?

Financial FAQs Brexit, the British vote to exit the European Union, was precipitated by many factors, including Brit’s fear of loss of sovereignty due to the Schengen requirement that it open its borders to citizens of other EU countries.  And … Continue reading

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Poverty Level Down, As Household Incomes Surge

Popular Economics Weekly Fewer Americans lived in poverty in 2015 and median incomes charted their first increase since the Great Recession, according to data released Tuesday by the Census Department. The official poverty rate fell 1.2 percentage points between 2014 … Continue reading

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