Posts Tagged ‘rates’Companies Compete for Government Cash, Not CustomersThis post first appeared on Minyanville. It’s the government, stupid. As Washington expands its role in managing the day-to-day operations of American business, companies are increasingly turning their strategic focus to tapping federal cash and lending programs. And despite the strings often attached to government money, many are finding that Uncle Sam is the only [...] Keepin’ It Real Estate: The Fed Loses the Mortgage-Rate Battle?This post first appeared on Minyanville. Despite the best efforts of the Federal Reserve and the Treasury Department, the free market is winning the battle over mortgage rates. Tens of trillions of dollars in support for the financial system can’t change the stark reality: Giving out home loans remains risky business. Borrowers looking to take [...] By the Numbers: Low-Low-Low Mortgage RatesThis post first appeared in the February 2009 edition of Cirios Trends. Record low mortgage rates are all over the news these days, as we’re once again flooded with advertisements telling us its a great time to buy a house. Keeping interest rates low represents the frontline in the government’s assault on the housing market’s [...] Keepin’ It Real Estate: Rich Get Stuck in Subprime SlimeBy ANDREW JEFFERY This post first appeared on Minyanville. From expansive estates in the Hamptons to mansions on the Malibu cliffs, the rich are watching their vast real-estate wealth evaporate before their eyes. Perhaps no market epitomizes the ultimate surrender of high-end real estate than the island of Manhattan, where housing prices had held relatively stable [...] |