Tag Archives: interest+rates

The Home Interest Tax Dedution Debate

As Congress looks at ways to boost revenues, the Sacred Cow of all write-offs, the Home Interest Tax Deduction has become vulnerable.  The argument in favor of eliminating the interest write off is that no other western nation has it … Continue reading

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And Now For The Good News

It’s been a week of less than great news for real estate.  Flat pricing and declining sales numbers cast a pall over much of the housing industry.  Home repossessions were up; home starts were down and rates shot up in … Continue reading

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The World Is Not Flat At The Bottom

CNBC  reporter Diana Olick blogged today that a poll came out reporting a general consensus amongst housing experts that the market would remain struggling through 2011.  Wow, now there’s a news flash.  The predictions are explained thus: as long as … Continue reading

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QE2, Bonds and The Fed’s Real Plan

For those of you that have been following this blog, you’ll recall a couple of weeks ago I suggested that QE2 would either cause rates to go down or cause them to go up, so in either case, you would … Continue reading

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Bubble, Bubble, Toil And Trouble

I watched the most insightful interview on CNBC today.  It was an interview with Jeremy Grantham, and investment adviser and someone, if you had to look to for crystal ball-like predictions, you would be fairly safe entrusting.  Grantham is very … Continue reading

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Jobs, Inflation, Cheap Money and Notes From The Trenches

As I wait for the all important Pending Homes sales number from the National Association of Realtors today, the Jobs report has just come out.  The job creation numbers today point to a modest and continuing recovery.  Inflation remains around … Continue reading

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QE2 Sets Sail, But Many Are Left On The Dock

The Federal Reserve announced yesterday a $600 Billion infusion of capital into the economy.  The intention is to keep interest rates low to stimulate borrowing and spending.  However, the freer money supply doesn’t address the need for freer lending standards.  … Continue reading

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A Week To Watch

There are two big things happening this week.  The election, which looks to bring us back to a divided government and the Fed’s Quantitative Easing II.  The election will have no immediate impact on housing,  but does potentially play into … Continue reading

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No Double Dip

One of the things economists love to do is make predictions.  Two of the most respected economic analysts, Abby Joeseph Cohen of Goldman Sachs and Lackshman Achuthan of the Economic Cycle Research Institute have independently come out stating that there … Continue reading

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