On Friday, we saw the release of the CPI (Consumer Price Index) and it showed inflation to be tame overall, actually falling into Bernanke's concerns, deflation. Even when you look at the Core CPI, removing volatile food and energy from the equation, you still only see a small inflationary rate
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02/21/2009
Many of you reading this have been waiting for those government promised mortgage rates of 4.5%, or even lower. Do you realize those rates may never come in actuality? Can you comprehend how much money you are wasting by not refinancing or outright purchasing a property right now? First, let's
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02/13/2009
That could be one of the most intriguing, not to mention controversial, questions of the day. Congress and the rest of the government, especially president Barack Obama, believe that it is not the best solution and that everything, no matter the cost, should be done to minimize foreclosures. In o
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02/04/2009
Most of you reading this would answer the above question quickly and label your mortgage as a liability. After all, it is a debt, isn't it? But if there was more to it than that, or even if your mortgage could become one of your greatest assets. You may think I am crazy, but think about the conce
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01/30/2009
I have seen this repeatedly in marketing materials from United First Financial (UFirst Financial/UFF) and their agents, another example of the misleading material provided to sell their product, the Money Merge account (MMA). Throughout the history of this company, they have provided nothing but
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01/28/2009
This can be a confusing time right now when it comes to determining whether to lock or float your mortgage rate to get the best deal. As I write this, there are many originators talking about both sides of the spectrum as to where mortgage rates are headed. While there is no real "crystal ball"
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01/26/2009
Apparently, the IRS isn't always the "bad guy", and you may want to take their advice if you owe taxes right now. The IRS Commissioner, Doug Shulman, encouraged taxpayers to take advantage of several new tax credits and deductions this filing season along with announcing a major enhancement to t
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01/07/2009
Lately, my posts have become more about the warnings of government actions and their longer term effects on mortgage rates. Ultimately, I have been talking about increased inflation, the mortgage rate bubble, and mortgage rates breaking into double digits, all of which could very well happen in
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01/06/2009
Once again, I am publishing a headline that has not yet happened, but very well may be seen in the not-so-distant future. While we are currently experiencing some of the lowest mortgage rates in history, and may even see lower if the government gets their way, do not expect them to remain low for
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01/01/2009
Greetings from Rio de Janeiro, Brazil. And yes, I am learning Portuguese as my third language. As we all celebrate the birth of Christ this day (OK, maybe not everyone), it is a time for family gatherings. This year, as I do on many holidays, I get to play a variation of Santa by flying people
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12/25/2008
