Search results

China/Japan dumping treasuries has been a huge contention of the bears (or gold bulls) for years and years and years...I remembered reading about it back in 02-03 and thought even back then that the arguments were sound. But it still has yet to happen.

<p>>>>I wouldn't mind a recession either. Recessions are ripe with opportunities for those who are prepared. They are an efficient (and relatively quick, believe it or not) way of rebalancing and flushing out economic ills. <<<</p> <p>I agree, also.</p>

<p>>>>...home prices will drop far less than originally expected.<<<</p> <p>Can anyone please oh please tell me how this statement could be justified?</p>

<p>>>>I mean if interests rate fell by 1.25 points in a week, you (and most of the other realtors) would be proclaiming what a great time to buy it is because of the low low interest rates. <<<</p> <p>But just like David Lereah said, isn't it always a good time to buy...<strong>OR</strong>...

<p>>>>No rate cuts by the Fed. . . inflation is still king after all. Market not liking the news at all. . . <<<</p> <p>You can't interpret the market liking or disliking the news after 30 minutes. It whiplashes around as the speculators who built up positions on the news unwind their...

i'm a proud member of the club, also.

<p>>>>Some cities and some areas and some neighborhoods don't get hit as hard when there is a downturn (that's not to say they avoid the downturn entirely). Also, homes with a fabulous view do better on resale, which also helps them weather a downturn storm. Lastly, if one hammers a seller and...

<p>>>>But still, I need to gauge this, since this is NOT our "dream home" (god I am tired of that expression) so we would want/hope to move to something better in 2-4 years.<<<</p> <p>I would not buy anything today if you know that your duration will be 2-4 yrs. It doesn't make sense in any...

It's funny. CNBC added a disclaimer at the end of the show that wasn't on the video earlier. That video must have got a lot of hits. "These opinions are that of Jim Cramer and not our own."

<p>IR said:</p> <p>>>>Welcome jwbrown77, We are glad you like the blog. Wall Street's sense of entitlement was exacerbated by the "<a href="http://www.investopedia.com/terms/g/greenspanput.asp">Greenspan Put</a>." <<<</p> <p>And let's not forget!...</p> <p>Main Street's sense...

<p>>>> If it changes anything, I can tolerate almost no risk, and I have basically no income, being a student.<<<</p> <p>You answered your own question. If you can tolerate no risk, then basically CD's are your best choice.</p> <p>As far as gold, it is one of those asset classes where you...

<p>I love it when Cramer gets emotional. He is like no other in terms of sheer financial entertainment.</p> <p>However, yes, the credit market seems to be in a "slight" mess. Germany had to bail out a hedge fund this week. My question is how much is Asia exposed to all this?</p> <p>It's...

<p>>>><strong>She said <a class="times rolloverQuote" onmouseover="window.status=(' Quotes 'amp; Research for WFC');return true" href="http://online.wsj.com/quotes/main.html?type=djn&symbol=wfc">Wells Fargo</a> & Co. is charging 8% for a prime jumbo 30-year fixed-rate loan that carried a 6...

<p>Since we're on the topic of REO's...</p> <p>I have a friend who is in the REO business. He said business is booming, from the inventory end obviously. Problem is there are no buyers (obviously again), but many of the offers they have gotten still have been rejected by the banks. He...

<p>>>>Of course the opposite is also true, when you are highly leveraged, even modest declines are a complete disaster. <<<</p> <p>A la Cramer, just walk away. Makes complete economic sense and avert the disaster! </p>

<p>I've discovered the depth of my ignorance through reading this thread. Help me out please...</p> <p>Real examples on how it will affect Irvine/OC? I mean, bottom line is it's basically tighter lending standards right? That's been the trend hasn't it?</p>

<p>>>>A large interest rate disparity will not be allowed to exist for too long, as market forces will correct it. If you knew your major competitors were offering a rate of 8.25% and you were still offering 6.75%, wouldn't you think about raising rates? <<<</p> <p>Isn't it the other way...

<p>>>>Accredited and Impac currently (which means when they get the memo things can change) are a bit better in pricing but you stll would have to pay to be in the 7% range for any Jumbo ALT-A loan with a 720 FICO full doc and 20% down<<<</p> <p>Is there a definition for Alt-A? It sounds like...

<p>>>>It means that rates on home loans went up a realistic 2-3% today. TODAY alone.<<<</p> <p>I, too, am speechless if this is in fact what has happened. The average monthly payment is now 30-50% higher? </p> <p>What type of loans have been affected?</p>

<p>For those of us not familiar with the inner workings of lending, can you explain what this means to the consumer or average home buyer?</p>