I started my day yesterday with a heavy heart. A reminder not to take things too seriously was sent to me by one of my closest friends via tweet that hit spot: "Do I always get to pick the movie we watch? No. I compromise and let her pick a chick flick sometimes. US Congress: Grow up." The population that would have been affected the most would have been our armed forces. The very same people that are abroad taking bullets for our country. How selfish can one be to not care about the … [Read more...]

These days it seems like everyone is talking about investing in real estate. According to NAR, 33% of all real estate investments are made in "all cash" transactions. Why? First lets disclose the basics. It is no secret that 95-97% of all mortgages these days are purchased by the fed. This is why we follow so closely the Fannie Mae and Freddie Mac Mortgage Backed Securities to gauge the fluctuation in interest rates. These two agencies are currently under conservator-ship and their … [Read more...]

In case you missed it, the self-proclaimed voice of the Federal Reserve Board, Mr. Paul Mordor, has had a "President of BP" rude comment moment about how annoyed he  is about the fact that he is getting calls and emails during the current discussion period. Isn't that his job? The SBA (Small Business Administration) agency was clear last week when they made a public statement about the confusion and lack of clear direction levied by the Federal Reserve in their latest assault on the … [Read more...]