Monthly Archives: June 2013

Robert Kiyosaki: Why Texas Real Estate Investing Makes Sense

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Mortgage applications drop as rates surge: MBA

Wed Jun 5, 2013 – Reuters Interest rates on U.S. mortgages continued to surge last week, rising above 4 percent for the first time in a year and driving down demand from homeowners to refinance, data from an industry group showed … Continue reading

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Housing Prices Are Being Dangerously Distorted by Big Institutional Money

Thought you’d enjoy this article which brings a different light to the situation… and which complements this other article from a few days ago Tuesday, June 4, 2013, by Chris Martenson The airwaves are full of stories of economic recovery. One … Continue reading

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Wall Street Buying Adds To Housing Boom. Is A New Bubble On The Way?

June 4, 2013 A truck backs up the driveway of a small, single-family house landlordsin Glendale Heights, Ill. and with a bang deposits an empty, dark blue dumpster behind an identical one already filled to the brim with tattered carpeting, … Continue reading

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‘Shadow’ home inventory could burden U.S. housing agencies, watchdogs say

May 30, 2013 – (Reuters)  Millions of U.S. homeowners are months behind on payments on government-backed mortgages, raising the risk federal housing agencies will end up facing the cost of managing a fresh flood of foreclosed homes, two government watchdogs said … Continue reading

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