federal reserve: The next great depression....are we on the edge of the abyss? - 07/11/08 02:14 PM
There has been allot of talk recently about recession, the end of the mortgage industry as we know it, and let's be honest, key word searches on economic depressions are at an all time high.  The big question is what's really going on with our economy, and are we collectively up … (12 comments)

federal reserve: The Federal Reserve may have saved us from a Depression!! - 03/17/08 07:56 PM
I may get some interesting comments in regards to this post, but there needs to be some reasonable commentary in this sea of hysteria.  Let's face the fact's everyone, the mortgage and real estate markets in certain states were simply out of control.  Rampant market inflation, and very little regards to … (10 comments)

federal reserve: Market update....well atleast updated for the next minute or two... - 03/11/08 12:12 PM
The markets have been all over the place in the past few weeks.  Doom and gloom predictions have been rampant, the critical Wall Street siren's have been calling for a drop in rates for the past few weeks.  The real problem has been the tightening credit strings of most banks.  The … (0 comments)

federal reserve: Warning...could be a wild ride tomorrow in the markets - 03/10/08 12:54 AM
Interesting article on bloomberg....see article
If this is the case, get ready for the yield to skyrocket tomorrow.  This could be a temporarily a good thing for mortgage rates.  The one thing that could derail any decreases in mortgage rates would be further deterioration in the credit markets.  Any further weakness to … (6 comments)

federal reserve: Where's you seat belt, our economy is ready to blast off!! - 02/11/08 07:25 AM
Well it's Monday morning and for some reason I wasn't able to sleep past 5:30 this morning.  Normally you can't pry me out of bed until 7:00.  Part of the problem is that as soon as my eyes opened my brain began telling me how messed up everything is right now … (8 comments)

federal reserve: How is today's rate cut's like the Movie the Titanic? - 09/18/07 04:25 PM
YAHOO!! Rates are going down!!!  We'll aren't they? 
Simple question but it has a complex answer, and one I've already been asked twice today.  My answer to their question wasn't totally what they expected.  The answer is "NO" today's federal reserve cut does not mean long term rates are going anywhere … (2 comments)

federal reserve: Rates dropping quickly....now is the time to refi or buy! - 09/07/07 02:45 PM
If you have a FICO over 680, and your mortgage needs are less then $417,000, and you have document-able income, then you are in perfect shape to take advantage of dropping interest rates.  Yes, rates are falling and they maybe going down even further.  Thanks to the Labor report today, the … (2 comments)

federal reserve: Is the Fed just an Ivory Tower for Financial fools? - 09/06/07 01:38 PM
Man, after reading this article today, I'm wondering if the guys in pin strip suits really know what's going on with this economy.  Fed Article
Are these guy's really as smart as everyone thinks?  Normally most financial indicators are from previous months production numbers.  These guy's are still reviewing data from June … (0 comments)

 
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