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Refinance Mortgage News & Recession
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Tag Archives: Recession
Heading for Recession?; Deepening Housing Slump; Currencies
Breakdown by James Knightley of ING Financial Markets
Is It Good to Refinance Your Home During a Recession? or Should You Wait?
I am in a 5yr Interest Only Arm, 7 .25%, and want to refi my home w/ no cash-out. 80% Loan to Value. I have 3 yrs left on my ARM.
…should I refi now or wait?
Johann Hari Calls for the Arrest of the Pope Part 1
Johann Hari is a guest on the Dateline London programme, 3rd April, 2010. The other guests were Laura Lynch, Michael Goldfarb and Marc Roche. The topics covered were: Pope Ratzinger’s cover-up of institutionalised child manipulate in the catholic church; the upcoming UK election; recession recovery strategies and Obama’s services aggression in Afghanistan.
Rising Mortgage Rates Caused by TARP – Crude Hits $75 – October 15, 2008
FDIC loan guarantees, Fannie & Fannie buys of Toxic mortgages, and the TARP is resulting in higher yields, wider GSE Debt spreads and higher mortgage rates, which are signs that The Fantastic Credit Crunch remains in the third inning with that one-year rain delay. The TARP is now on the infield, but casing a swamp full of alligators. Crude oil has reached a $75 handle as I expected. A weekly close not more than $74.90 would be the first since October 2003. More terrible loans are on the horizon: Credit Cards, Home Equity Loans, Commercial Real Estate and Construction & Development Loans are set for rising defaults. We are entering a multi-year Bear Market and heading for Recession. To subscribe to my special report, �The Fantastic Credit Crunch� and updates to Richard Suttmeier�s List of Problem Banks and new Richard Suttmeier�s List of TARP Banks, send an email to gmcreports@aol.com or to Support@valuengine.com.