Between Christmas and New Years - at a time when most people aren't paying attention to the news - the Obama administration announced that it would offer unlimited financial resources to Fannie Mae and Freddie Mac. This money will be used to continue to bail out Fannie's and Freddie's current bad loans and enables them to continue to make lending Read full article »
Tag archives for Crash
The recent crash of the stock market has left investors grasping for answers. After years of hearing the merits of investing in the stock market for the long term, investors are confounded by the realization that the S&P 500 stock index has declined over the last 10 years. Is Real Estate a viable answer?...
All over the news this morning, you can see the headlines that read something like this: "Home Prices Fall Again In May" Yes, it's true: The Case Shiller Composite Index of 20 cities in the USA did fall again in May. But that's not the story. As usual, the real story is deeper that the surface. Here are some significant Read full article »