Good News!

November 9, 2009 | 93 Comments

The FOMC held their meeting earlier this week and as expected left rates unchanged. The policy statement continued to state that rates will remain this way for an extended period of time. All of this was expected by the markets and wasn’t really anything new.   However the employment report released this morning was weaker […]

With cheaper home prices, lower mortgage rates and big discounts on foreclosures, buyers have lots of incentives to get into the real estate market. Anyone considering buying a home should still be cautious because the recent financial crisis has created a number of financial pitfalls. To help buyers navigate into this uncertain market, here’s a […]

    According to the officials at Columbia University, the recession ended September 2009. It will have lasted for 21 months, making it the longest recession in modern history. Because the recession coincided with a  financial crisis and a real estate deflation, it felt like the worst thing since the Great Depression. It’s likely that […]