SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Les H who wrote (234529)12/28/2009 9:49:31 AM
From: CalculatedRiskRead Replies (2) | Respond to of 306849
 
Les, yeah - loose lending standards has been part of the government effort to support housing prices. Some of this has been aimed at limiting supply (modification programs, various foreclosure moratoria), and some has been aimed at increasing demand (tax credit, lower mortgage rates, loose lending standards).

I put a list together yesterday - it is pretty stunning - from the Fed and Treasury buying MBS, to the homebuyer tax credit - to the FHA rules.

But the key is that most of the programs are scheduled to end over the next 6 months - including tighter lending rules (more coming such as reducing the seller concession for FHA loans, and increasing the cash upfront requirements).

And my list doesn't include ongoing housing support (like say tax breaks) or local (city/state) programs. It has been amazing

best wishes



To: Les H who wrote (234529)12/28/2009 10:31:34 AM
From: Les HRead Replies (2) | Respond to of 306849
 
Morgan Stanley Sees 5.5% Note as U.S. Faces Deficits

Yields on benchmark 10-year notes will climb about 40 percent to 5.5 percent, the biggest annual increase since 1999, according to David Greenlaw, chief fixed-income economist at Morgan Stanley in New York. The surge will push interest rates on 30-year fixed mortgages to 7.5 percent to 8 percent, almost the highest in a decade, Greenlaw said.

businessweek.com


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News