New Home Price Gauge Introduced

A company called IAS, or Integrated Asset Services, is coming out with a new home price gauge that measure the mean residential prices street by street. The iMVI, or Intelligent Market Volatility Index, will supposedly allow mortgage bankers to have a better analysis of their residential holdings. Rather than a larger [...]

[Read more →]

The Markets, May 20, 2008

Do you remember when Jimmy Carter was President? That’s how long it’s been since consumer confidence was as low as it is now.
The Reuters/University of Michigan index of consumer confidence sank to 59.5 in May, according to a Reuters report. That’s the lowest level since June 1980, the waning days of [...]

[Read more →]

FHASecure Not Enough of a Bailout?

If you’ve been reading FinanceBlogOnline.com at all, you know about FHASecure, the mortgage refinancing program that was launched in August and that is run by the FHA, the Federal Housing Administration.
The program has been controversial (and with good reason) as it allows subprime borrowers who have fallen behind on their [...]

[Read more →]

$2 Billion Not Enough?

EA Sports–It’s in the game! You know that line if you’ve ever played a minute of video games and heard the ad on TV. It’s an ad for Electronic Arts Inc., a popular video game publisher that makes impressive video games for consoles and PCs. It’s also the company that’s making its [...]

[Read more →]

I’ve been impressed with Cramer’s take on the new industrial companies that are on the cutting edge of providing quality, innovative products to the world. He covered Eaton and Parker Hannifin so far as two overlooked low p/e choices and should be admired for their steady growth. Additional companies in this category are Emerson [...]

[Read more →]

Jumbo Loans More Affordable?

The federal government has made an effort to make Jumbo loans more affordable but the move may not be paying off quite yet, or as the government thought it would, as the loans remain difficult for borrowers to get.
Jumbo loans are mortgage loans for expensive homes, and the loan ranges from between [...]

[Read more →]

U.S. Economy Still Competing

Even though it seems our economy is doing horribly, we’re still at the top of the heap globally. That’s 15 years in a row for us, but how long that title is going to last, no one knows.
Because of the financial misery we’ve suffered this past year, the title may be in [...]

[Read more →]

Should I Buy a House Now?

No suprise here, if you own a home right now and are trying to sell, or thinking of selling, you’re probably not enjoying yourself too much. For most housing markets around the country, there’s a little more supply than demand, and it’s only getting worse for sellers.
The number of foreclosures [...]

[Read more →]

Retirement? Not So Fast.

The economy is crushing a lot of us currently out in the workforce, employed or looking for gainful employment. Home prices are taking a dive, people are losing their homes, their jobs and, for many, their nest eggs. AARP put out a survey today that highlights the fact that many would-be retirees [...]

[Read more →]

The Markets, May 12, 2008

Soaring crude oil prices helped put the kibosh on a three-week winning streak in the stock market, according to the Wall Street Journal.
The Journal reported that for the six trading days ending May 9, crude oil prices surged 11.8% and ended at a record price of just under $126 per barrel. [...]

[Read more →]