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Integrated Asset Services (www.iasreo.com) today released its IAS360™ House Price Index (HPI). Based upon the timeliest and most granular data available in the industry, the index for national house prices moved ahead another 1.2% in June.

It troubles me greatly to know that while the 30 year Treasury bond is yielding a mere 4.6%, we are not locking in that low rate for our newly issued debt. Any thinking American knows it would be best to take advantage of that ridiculously low yield and finance the Treasury's borrowing at the long end of the curve.

Should You Pay Off Your Mortgage?

Posted by greenfaucet.com on July 27th, 2009

Over the weekend I had a couple posts (here and here) on my blog that were intended to be theoretical explorations about when, if ever, an investor should ease up on the portfolio gas pedal if they have enough money at some point before retirement.

The number of U.S. households on the verge of losing their homes soared by nearly 15 percent in the first half of the year as more people lost their jobs and were unable to pay their monthly mortgage bills.

After hitting an eight-month high just last week, copper has been on a downward slide, and not even crazy housing numbers can stop it. So what's behind the current price drops, and will the trend be long lasting?

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There's been good news in the copper market lately, but are bearish times ahead? Brad Zigler examines the technical side.

Copper traders were buoyed by the relatively good news coming out about Lowe's Cos., Inc. (NYSE: LOW), taking the active July COMEX contract above $2.04 a pound Monday morning. A better-than-expected quarterly profit, together with a raise in earnings forecasts from the nation's second-largest home improvement chain gave fresh hope that the economic slump was easing and spending was stabilizing.

US Markets began the morning session slightly higher as indicator releases from India and China showed expansion in manufacturing which sent equity markets racing high.

Greenspan's Mistake

Posted by norman rockefeller on April 14th, 2009

Former Fed Chief Alan Greenspan has stridently argued that his decision to lower the Fed Funds Rate (FFR) from 6.5% to 1.0% during 2001-2003 was NOT the cause of the housing bubble. Does his argument have any validity?

The Amazing Growing Mortgage Relief Plan

Posted by ockhamsrazor on February 18th, 2009

The White House unveiled details about the mortgage relief plan to the nation as the housing market continues to weaken. We are struck by the size of the package and the timing, coming just a day after the stimulus package was signed.

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