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  • Federal Reserve Cut of Key Interest Rate Sends Stocks...
    By on December 17, 2008 | No Comments  Comments
    Tuesday the stock market began with some modest gains, including a 1% increase for the Dow Jones, and several stocks rallying after Monday’s losses.  Nearing the close of the stock market, in an unprecedented move, the Federal Reserve announced that it had cut its key interest rate to 0-0.25%, do...
  • 2009: Expect Exponential Increases in Troubled Homeow...
    By on December 12, 2008 | 1 Comment1 Comment  Comments
    The Mortgage Bankers Association (MBA) released its latest survey over the weekend, showing 10% of American homeowners at least one month overdue on mortgage payments or in the process of foreclosure.  This marks a 9% increase from just three months prior, a 7.3% increase from a year ago, and the h...

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