bert

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Fed "Operation Twist" -- Mortgage rates going down
by bert on 21 Sep 2011   40 comments, latest 13 years ago
The Federal Reserve’s latest economic-stimulus move tells the markets one thing loud and clear: The Fed wants mortgage rates under 4%, and soon. The Federal Reserve Wednesday took another ...

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Your tax dollars at work - big public employee pensions keeping house prices up
by bert on 23 Feb 2011   34 comments, latest 14 years ago
Retired oakland city employees all getting 85% of current city employee wages. 1,125 from before 1976. That's a lot of spending money floating around Oakland for buying investment properties. ...

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NACA
by bert on 18 Oct 2010   Posted 14 years ago
Does anyone have any experience with NACA (Neighborhood Assistance Corporation of America) ? https://www.naca.com/index_mai

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30yr rate now 3.875%
by bert on 12 Oct 2010   2 comments, latest 14 years ago
you can now get a 30yr mortgage at 3.875% for 0 points https://www.google.com/compari While Patrick's argument that house prices will fall as interest rates go up is debatable, I ...

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HUD houses for half price for teachers/EMTs/cops/firefighters
by bert on 27 Sep 2010   11 comments, latest 14 years ago
Good Neighbor Next Door is for buyers who are teachers, law enforcement officers, firefighters and emergency medical technicians, or EMT http://www.bankrate.com/financ example - get this for half price... http://hud1.towerauction.net/c ...

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DREAM act
by bert on 22 Sep 2010   Posted 14 years ago
The thought of 500,000 people suddenly hitting the job market in California if/when the DREAM act passes is scary. It seems unlikely that the CA economy can absorb so ...
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