All Posts Tagged With: "inflation"
Is the government holding down mortgage interest rates?
One way to re-start the housing sector and thus a big part of the American economy would be to assure that mortgage quotes were as low as possible. And given that banks today can borrow money at pretty close to zero, is the government now forcing down mortgage rates to 5 percent or less? The [...]
23May2011 | Peter G. Miller | 0 comments | Continued
Real Estate Seer: Renting In, Mortgages & Foreclosures Out
In the decades since World War II real estate prices rose with enormous consistency but now the oomph is gone. Most people are better off renting than owning, says Patrick Killelea. For him, and for millions of others, the path to financial security no longer includes real estate ownership, mortgages or the possibility of foreclosure. [...]
15Feb2011 | Peter G. Miller | 10 comments | Continued
Will Rising Gas Prices Down Home Values?
About the last thing anyone wants to hear is that gasoline prices are rising. They topped $3 a gallon at year-end and the outlook for the future is hardly great: Several sources are predicting $5 gas by 2012. In a very-direct way gas prices have a lot to do with current mortgage rates, refinancing and [...]
3Jan2011 | Peter G. Miller | 0 comments | Continued
Inflation, Deflation, Mortgages & Wealth
Freddie Mac’s weekly mortgage rate survey shows that the average 30-year fixed-rate mortgage (FRM) was priced at 5.59% with .7 points. This is a huge jump from last week when the rate stood at 5.29 percent and a vast leap when compared with the rate for the week of May 21st: 4.82%. Higher rates are [...]
12Jun2009 | Peter G. Miller | 0 comments | Continued
Why Worry About Recession When Inflation Looms Ahead?
The deal is done. The government is going to spend no, drat, “invest” $8.5 trillion, no wait, that’s not right, the total potential bill could be as much as $9.7 trillion according to Bloomberg News, to bailout, oops, darn, nope, to rescue Wall Street, oh my, that’s not it either, I mean “Main Street” and [...]
13Feb2009 | Peter G. Miller | 0 comments | Continued
Are You Keeping Up With Work & Wages?
If you’ve been getting more money each year and maybe a bonus here and there you might think you’re doing pretty well. After all, part of the American dream is to get better at what you do and therefore earn more money as a result. Unfortunately, you’re likely to notice that even with a bigger [...]
2Jan2009 | Peter G. Miller | 0 comments | Continued
Mortgage Rates & Inflation: The Looming X Factor
Mortgage interest rates have been at or below 6 percent for months, great news for those who wish to finance or refinance a home. But if you think the mortgage meltdown is a mess today, imagine if interest rates were at 7 percent, 8 percent or 9 percent? Nothing we’ve seen to date in terms [...]
19Sep2008 | Peter G. Miller | 0 comments | Continued
“Canine Redlining” And Other Issues Impacting Homeowners Insurance
A few years ago, when two of the nation’s most powerful groups — dog owners and insurance companies — collided in the state of Washington, it was the insurance industry which won that round, defeating legislation that would have prevented it from establishing higher rates for homeowners with big dogs and dangerous breeds. Welcome to [...]
12Sep2008 | Peter G. Miller | 0 comments | Continued
How is real wealth created in real estate?
In real estate, and with other investments, it is not enough for values to increase over time. The reason is that we measure the value of goods in cash. The catch is that when inflation strikes, individual dollars buy less. Seen another way, it takes more dollars to buy a given item, thus prices appear [...]
1Sep2008 | Peter G. Miller | 0 comments | Continued
Inflation Calculator
Inflation Calculator Technorati Tags: calculator, inflation
26Aug2008 | Peter G. Miller | 0 comments | Continued
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