inflation: How the Energy Crisis and Inflation Are Affecting the Real Estate Market? - 06/30/08 04:00 PM
How Inflation Affects American Real Estate Consumers
Inflation has been hitting us all. Wage pressure by Asia has kept wages down below the rising cost of living. Those who live on income of less than $75,000/yr have been hit the hardest. A major segment of this group lives from (8 comments)
inflation: Are The Fed's Able To Keep Mortgage Rates Down? - 03/01/08 03:01 PM
Rising Mortgage Rates The Federal Reserve (Fed's) in trying to bail out the credit crisis have run into a problem: mortgage rates have gone up! Since September, the Feds have reduced its target for short-term interest rates by 2.25 percentage points to 3%. But mortgage rates are actually rising. I realize that mortgage (4 comments)
inflation: Are the Feds Fueling Inflation? - 02/27/08 11:05 PM
Fed's Expansionary Policy to Fight a Recession:Federal Reserve Chairman Ben Bernanke told Congress on February 27, 2008 that the Feds remain on the course for additional interest rate cuts, thus continuing their expansionary policy to combat recession. The Feds hope to combat recession because lower interest rates will stimulate economic activity by (1 comments)
Alan 'AJ' Nisen California Contra Costa Mortgage Officer
Lafayette, CA
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A Large Bank in America
Office Phone: (925) 677-4169
Cell Phone: (925) 963-5836
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AJ, as part of the Active Rain family, uses this forum to discuss issues that affect the Real Estate market, all aspects of Mortgages, Loans and refinancing, to build working relationships and friendships. AJ’s conversations include such topics as, the sub prime lending fallout, mortgage market changes, and localism (revitalizing downtowns, business growth, community volunteerism and events)