The End of the Gravy Train?
In the summer of 2013, a sharp spike higher in interest rates caused by the “taper tantrum” (fear that the Fed will soon end monetary easing) reduced both housing [...]
Fannie Mae
Loan Me $250,000. Please!
I want to buy a house. Would you be willing to loan me $250,000 for 30 years at 4.25%? Your answer is crucially important. Before you answer keep in mind that you will be [...]
Enough Fed! Give Free Markets a Chance!
For the past few years, we have argued that the economy needs to continue the process of deleveraging as consumer and government debt levels remain far too high from an [...]
Revisiting the Housing Market
For many months now, we have placed a great deal of emphasis on the housing market (and have since even before the financial crisis began) because we believe it affects our [...]
The Uncertainty Continues
There is a lot riding on Tim Geithner’s speech next week. It seems that momentum for a new, large-scale bank bailout or implementation of a “bad bank” structure may be [...]
