Blog

U.S. real estate a ‘bargain’ for foreign buyers

U.S. real estate a ‘bargain’ for foreign buyers

U.S. real estate a 'bargain' for foreign buyers Many paying cash as dollar falls in value Wednesday, January 23, 2008 By Tom Kelly Inman News Two years ago, while attending a home-builder convention in Orlando, Fla., a top-producing local real estate agent was...

read more
On $11 an hour, Jersey man made millions

On $11 an hour, Jersey man made millions

by Karen Datko Paul Navone is one of those quiet millionaires next door. His friends had no idea he had money until he started giving it away -- $1 million to a college and another $1 million to a prep school. The 78-year-old retiree never made more than $11 an hour...

read more
Fed chief raises expectations of more rate cuts

Fed chief raises expectations of more rate cuts

Fed chief raises expectations of more rate cuts Mortgage stocks rebound on rumor of BofA, Countrywide merger Friday, January 11, 2008 Inman News Federal Reserve Chairman Ben Bernanke raised expectations of further cuts in short-term interest rates in a speech...

read more
Mortgage rates plummet on softer economic news

Mortgage rates plummet on softer economic news

Great time to "stock up" on ultra-cheap debt. Note that the cheaper it is to borrow, the more inflationary pressure!!! Mortgage rates plummet on softer economic news Freddie Mac: 30-year fixed sinks to Sept. 2005 level Thursday, January 10, 2008 Inman News Economic...

read more
Coast spared mortgage crisis

Coast spared mortgage crisis

Coast spared mortgage crisis Sunday, January 06, 2008 By VETO F. ROLEY PASCAGOULA -- While the sub-prime mortgage crisis threatens to undermine housing markets across the United States, a leading real estate professional in Jackson County says effects from the crisis...

read more
Pre-Depression Mortgages

Pre-Depression Mortgages

From an e-mail I received: Hi Jason; What I have heard about mortgages prior to the great depression is that the only mortgages available were interest only balloon payment mortgages. From what I understand, fully amortized 30 year fixed rate loans are a...

read more
Airbus mulls plants in US, Russia: report

Airbus mulls plants in US, Russia: report

European plane maker Airbus is looking into building assembly plants in the United States or Russia to mitigate the effects of a strengthening euro, a German press report to be published on Monday said. The German business weekly WirtschaftsWoche reports in its new...

read more
×

Loading chat...