Housing
Speculation Mounts Over RBA October Meeting As the RBA heads towards it October meeting, there are a number of important issues on the agenda. The price of iron ore which was one of the major topics of the September meeting have now seen a 26% resurgence in price and the world’s fourth biggest exporter of [...]
Fixed Rate Mortgages- So is it true 30 year fixed rate mortgages are at 3.25%? Well that depends on how you look at. The answer is yes if you willing to invest discount points to purchase your interest rate down, so long as your financial profile is completely flawless. Otherwise for the 99.9% us, 30 year [...]
Average Housing Prices- By Jared Diamond The great recession of 2008 has been a source of enormous anxiety in the financial world. The American economy survived a total meltdown, but just barely. As American society struggles to recover, a major beast looms on the horizon: inflation. There are already increases at the gas station and [...]
What is the Real Mortgage Rate? At InflationData we are constantly talking about “real rates” typically by that we mean the inflation adjusted price. For instance we publish the inflation adjusted price of Oil, the inflation adjusted price of Gold, inflation adjusted stock prices and even the inflation adjusted cost of getting an education. But today when we [...]
By Charles Vollum, BIG GOLD On June 3, Standard and Poor’s issued the latest update to its Case-Shiller Home Price series. The press release begins, “Data through March 2011 … show that the U.S. National Home Price Index declined by 4.2% in the first quarter of 2011, after having fallen 3.6% in the fourth quarter [...]
What really makes a bubble? Are bursting bubbles inflationary or deflationary? What lessons can we learn from history? In this article Justice Litle addresses these issues. ~editor By Justice Litle, Editorial Director, Taipan Publishing Group A burst housing bubble is a harbinger of deflation, not inflation, due to massive debts incurred and massive savings lost. [...]
Being “real tangible assets,” houses tend to act as inflation hedges. But in recent times they have appreciated by multiples of the inflation rate. This is due more to loose lending practices that to loose monetary policy. In the following article David Galland addresses the current state of housing prices and where they might be headed. ~editor Should You Buy [...]
The poor housing market has been big news for several months now as property owners who bought at the peak of a “housing bubble” are now having difficulty selling due to either a lack of buyers or at least a lack of buyers at prices sellers are willing to accept. So what caused this state of [...]
