REALLY! Do any politicians live in the real world?
December 20, 2013 By Ross Thayer
“Now this is not the end. It is not even the beginning of the end. But it is, perhaps, the end of the beginning.” – Winston Churchill. Now that we’ve finally reached the day of taper, let’s go back to the original question at hand: is this the end of low interest rates as we know it? The short … [Read More...]
Congressional impasse and government shutdown
October 1, 2013 By Ross Thayer
The impasse in Congress on the budget and debt ceiling talks has resulted in a shutdown of non-essential functions. But this helped rates yesterday, and stronger-than-expected economic data had little impact. (The news was that the Chicago PMI rose to 55.7, above the consensus of 53.5, and the … [Read More...]
How is one related to the other?
December 20, 2012 By Ross Thayer
Saw this commentary on Facebook... It seems that Congress is once again tempted to come back to the "mortgage well" since the House passed HR 1629, the STEM Jobs Act of 2012. The bill amends the Immigration and Nationality Act to make up to 55,000 visas available to qualified immigrants with … [Read More...]
Additional commentary by Rob Chrisman
December 12, 2012 By Ross Thayer
And another note regarding Saturday's commentary came from Mike L. who wrote, "I have a comment on the "lack" of first time homebuyers that actually are buying homes. By my experience, it's not for the lack of them trying. I have pre-qualified a multitude of First Time Homebuyers and they are … [Read More...]
