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Tag: Economy

Mortgage Market “Seized Up”

Posted on May 28, 2009September 8, 2013 by The Tim

There’s been a lot of chatter since yesterday afternoon about treasury rates, mortgage rates, the yield curve, and so forth—and for good reason. Here’s a good write-up from Mish’s Global Economic Trend Analysis on what’s going on: Mortgage Market Locks Up Yesterday 10 year treasury yields went soaring and the mortgage market literally seized up….

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An Overview of the Housing/Credit Crisis

Posted on March 9, 2009January 18, 2010 by The Tim

A couple people forwarded me a link to a 116-page pdf titled An Overview of the Housing/Credit Crisis And Why There Is More Pain to Come that is worth checking out. Here’s a look at the table of contents: Overview of the Great Mortgage Bubble Causes of the Great Mortgage Bubble Consequences of the Bursting…

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Poll: Do you think you will lose your job in 2009?

Posted on February 15, 2009February 22, 2009 by The Tim

Please vote in this poll using the sidebar. This poll will be active and displayed on the sidebar through 02.21.2009.

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Declines in Home Prices & Consumer Spending are GOOD THINGS

Posted on February 4, 2009January 18, 2010 by The Tim

I read a great post today over at Behavior Gap (thanks to an email from J.D. @ Get Rich Slowly) that is definitely worth sharing: The Great Reset A recent New York Times headline read: “Consumers Increase Savings While Spending Less” That sounds like a GOOD thing doesn’t it? It used to be that savings…

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Bill Virgin: Will Recession Hit Seattle Harder than Elsewhere?

Posted on February 3, 2009February 3, 2009 by The Tim

Yet another great editorial from Bill Virgin: Once considered recession-proof, Seattle no longer is Recessions, Seattle has long believed, were phenomena that happened to other, less fortunate, less blessed and, frankly, less gifted parts of the world. … Until now. As recently as the first half of 2008, you could find plenty of people who…

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