January Housing Scorecard Released by HUD, Treasury

Friday, July 29th, 2011 Posted in Uncategorized | No Comments »

The Departments of Housing and Urban Development (HUD) and Treasury issued the administration's January Housing Scorecard on Monday.  The report is essentially a summary of data on housing and housing finance released by public and private sources over the previous month ...

Commercial Bank Lending at All-Time High

Monday, May 31st, 2010 Posted in Uncategorized | No Comments »

From today's front page WSJ article "Recession Fears Weigh Heavily On the Markets": This time around, much depends on how tight a rein financial institutions keep on their lending and consumers keep on their spending. By itself, the housing slump ...

US Fed Rates to Stay Near Zero

Thursday, April 15th, 2010 Posted in Uncategorized | No Comments »

The reaction of the Federal Reserve will have an impact on long term mortgage rates. The acknowledgement of the Fed will cause the Canadian Central bank to follow. The U.S. Federal Reserve Board, acknowledging the economy has continued to deteriorate, signalled ...