One of the things I’ve been trying to work on in the first two months of 2008, is to not be as wasteful. I do this to live a more green lifestyle, but also to save money. I have found some pretty painless ways to cut down on waste and utility costs.
The National Association of Realtors (NAR) announced today that existing home sales decreased 0.4% in January, when compared to the previous month’s sales.
Mortgage rates continued to grow in the most recent
week, now approaching very close to the level of interest
rates at the beginning of the year.
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Despite the many programs gearing up or in place to help homeowners
resolve problems with their mortgages, foreclosure related
activities continued to increase in January. But, perhaps
partially because of these programs, the rate of increase appears to be
slowing from the pace of previous months.
Two reports on house prices were released on Tuesday
and neither was happy news for homeowners or for the real estate
industry.
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On the front page of Digg.com a week or so ago, was a story about Google before they had their IPO. The story was about how they wanted to protect their employees from stock brokers and money managers who would try to separate all the new Google millionaires from their money. Google’s senior VP Jonathan Rosenberg, brought in some of the most revered names in investment theory to teach them about the fine art of personal investing. Stanford University’s William (Bill) Sharpe, Burton Malkiel and John Bogle. All three had basically the same advice… don’t try to beat the market. Put your savings into some indexed mutual funds, which will make you just as much money (if not more) at much less cost by following the market’s natural ebb and flow.
Existing-home sales including single family
residences, condominiums, townhomes, and co-ops continued to move
downward in January, as did their median prices according to the monthly
survey released on Monday by the National Association of Realtors.
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California Governor Arnold Schwarzenegger has announced a massive
program to address a number of aspects of the housing slump in the state
which has probably been harder hit by its effects than any other.
Responsible for administering and assisting in the formulation of general acceptable accounting practices. Also responsible for the financial accounting functions of the preparation of reports and statistics reflecting earnings, profits, cash balances, b……
The interest rates on fixed rate mortgages (FRM) were
up during the week ended February 14 according to the results of Freddie
Mac’s Primary Mortgage Market Survey.
very disturbing and potentially damaging trend seems to be emerging in several real estate markets across the country. People are being urged to go into foreclosure. That’s very bad advice
The Mortgage Bankers Association announced this morning that applications for mortgage loans, on a seasonally adjusted basis, decreased 22.6 percent last week when compared to the week prior.
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