On today’s PM Report: the Dow closes up more than 400 points after a roller coaster first half of the week, the results of wsj economists survey focus on the risk of a double dip recession, GOP
SolarCity announces another investment fund with JPMorgan · The investment bank believes inflation will rise and the Fed will then raise rates.. JP Morgan cuts ties with OxyContin maker Purdue Pharma. which bases any rate hike probability on Fed Fund.New app aims to “Tinder”-ize the home search process Tinder is a location-based social search mobile app, most often used as a dating site, that allows users to like (swipe right) or dislike (swipe left) other users, and allows users to chat if both parties like each other (a "match").NAR survey shows how college, student debt affect homeownership 1 in 5 mortgages drowning 5-Year ARM Mortgage Rates. A five year mortgage, sometimes called a 5/1 ARM, is designed to give you the stability of fixed payments during the first 5 years of the loan, but also allows you to qualify at and pay at a lower rate of interest for the first five years.”Every $1,000 in student loan debt delays homeownership by about 2.5 months, but it doesn’t prevent homeownership entirely. In fact, by the time college grads reach their 30s, those with student loan debt have a homeownership rate nearly identical to those who didn’t take out loans.” (emphasis added)
House prices in the S&P/Case Shiller index fell 5.3% over the last two quarters of 2010, wiping out the 4.9% growth seen in the previous year and a half and sending the housing market into a.
they correctly called the recovery in oil prices but failed to foresee that clean energy investment would fall. Funds flowing into the sector were 18% lower than the previous year at $287.5bn,
A Fracking Good Story – Weather conditions around the world this summer have provided ample fodder for the global warming debate. Droughts and heat waves are. For starters, fracking has caused gas prices to drop.
Orlando’s double whammy of high unemployment coupled with a mounting inventory of foreclosed homes has left real estate prices poised for another drop, according to economists. there is actually.
S&P/Case-Shiller: Home prices rise 0.9% average home prices in the United States increased 2.2 percent in May over April, according to the S&P/Case-Shiller home price indices released tuesday, July 31, 2012 by S&P Dow Jones.
Studies in this week’s Hutchins Roundup find that central banks should account for house prices when setting. The 2008 financial crisis rekindled a debate about how central banks should respond to.
Fitch put a hard number on this saying that prices are overvalued by 30 percent. Trulia puts it at roughly 20 percent. At a $580,000 median priced home, this means prices are overvalued by $116,000 to $174,000. That is a big chunk of money given that the typical OC.
Monetary Policy and House Prices: A Cross-Country Study. range of opinions in the more recent policy debate with some willing in certain cases to raise.. market decline and economic downturns around 2000-2001, monetary. past episodes, real long-term interest rates tended to be at a low about two years before real.
Data suggest arson rates rise when house prices drop. ross compton Jr.’s luck was about to turn from bad to worse. The 59-year-old man with a heart condition had seen his law license suspended.
House prices. long debate that starts next week. The PM made a flying visit to Scotland in a desperate bid to flog the doomed deal after Prime Minister’s Questions yesterday. The beleaguered PM’s.
FHFA: Completes fifth consecutive unmodified audit For the fifth consecutive year, FHFA received an unmodified, or "clean," audit opinion on its financial statements from the U.S. Government Accountability Office. Key developments detailed in the PAR: Provided results and conclusions of 2012 examinations of Fannie Mae, Freddie Mac and the FHLBs in FHFA’s annual Report to Congress.