Economically, I’m Still a Big Bad Bear
The market has rallied in November. This has led me to re-examine my bearishness regarding the US economy.
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BREAKING: GMAC Mortgage to idle 24 workers (Waterloo Cedar-Falls Courier) WATERLOO --- GMAC Mortgage announced today it has discontinued loan processing and closing operations within its Waterloo facility, displacing 24 employees out of a total local work force of more
Getting a Mortgage with Bad Credit (Pekin Times) (ARA) - Having bad credit is not the end of the world and it's not impossible to get a loan. Generally, credit scores below 600 are considered sub-prime and the
HBOS says share of the U.K. mortgage market drops "This may have negative repercussions for the net interest margin as HBOS may have to become more aggressive on price in the second half in order to recover volumes"
US mortgage crisis may cost 945 bln dlrs worldwide: IMF (AFP via Yahoo! News) The International Monetary Fund said Tuesday the worldwide losses stemming from the US subprime mortgage crisis could hit 945 billion dollars as the impact spreads in the global economy.read
Mortgage interest rates drop to 6.24% (Detroit Free Press) WASHINGTON -- Rates on 30-year mortgages edged down slightly this week, the second consecutive decline, according to a nationwide survey of rates. Mortgage giant Freddie Mac reported Thursday that rates
Stocks fall on housing caution and Home Depot "Possibly there are a few more deals in the future that are going to be below the initial value." Stock futures fell on Monday on caution before a report