ARCHIVED BLOG POSTS
2009
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Where Are Interest Rates Headed? It was just a couple of months ago when the Fed was talking about subsidizing interest rates to 4 - 4.5%. There hasn't been a mention of any such activity since. Instead, the Fed Chairman, Ben Bernanke, announced that the Fed would be purchasing U.S. Treasurie...
03/30/2009
Obama Proposal to Reduce Mortgage Interest Deducibility The Obama Administration has recommended, as part of its budget proposal, that the amount families earning more than $250,000 year can deduct for mortgage interest be reduced. We must ask ourselves what are the consequences of doing this...
03/10/2009
Obama's Loan Modification Plan: 7 Things You Need to Know At the heart of the President Barack Obama's ambitious plan to rescue the housing market is the conviction that restructuring distressed mortgages will keep struggling borrowers in their homes and help insert a floor beneath plummeting pro...
03/10/2009
Federal Proposal to Reduce Mortgage Interest Deducibility The Obama Administration has recommended, as part of its budget proposal, that the amount families earning more than $250,000 year can deduct for mortgage interest be reduced. We must ask ourselves what are the consequences of doing ...
03/09/2009