Real estate blog entries tagged with sub prime by Ki Gray

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sub prime: The Global Economy - 02/23/08 05:16 AM

On February 14th Wall Street wasn't interested or feeling any good vibes: The Dow, as well as most of the other major stock markets around the world, finished down on recession fears. Why so spooked? For one, Federal Reserve chairman Ben Bernanke elected to announce that, despite recent encouraging news on … (2 comments)

sub prime: Is the Superfund Capable of Restoring Confidence? - 11/02/07 11:14 PM

The M-LEC, as it is called, has been created in order to restore investor confidence in some areas of the economy that are neccesary for credit to maintain its liquidity, or ease of transference from one entity (a bank) to another. This loss of liquidity comes in the wake of the … (0 comments)

sub prime: Is The Federal Interest Rate Cut Enough to Stabilize Sub prime Mortgage Woes? - 10/31/07 07:56 PM

As the sub prime mortgage debacle continues to play out across the United States, the Federal Reserve has opted to cut interest rates by half a percentage point, from 5.25. This cut makes all loans relatively cheaper, thereby encouraging a pantheon of economic activity to increase, hopefully in the troubled housing … (1 comments)

sub prime: The Mortgage Crisis and the Austin Real Estate Market - 08/14/07 04:31 PM

So there has been a lot of talk about the mortgage crisis over the last week. I wanted to write a short summary of what is going on.
Earlier this summer, we had changes in sub-prime lending. Basically before the changes, if someone could wander into a mortgage office, they … (0 comments)

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