Stagflation — A Blast From the Past for Today’s Economy?

It was an unpleasant word when it was coined back in the seventies, and that’s still true today. But some economists fear that stagflation _- that hybrid of stagnation and inflation that raised its ugly head fur decades ago may be returning to haunt the emerging...

Where Have All the First Time Buyers Gone?

Mortgage rates are still low and the housing recovery still appears to be moving along. But in many markets around the country, fewer potential buyers are making that first step toward buying a home. Although the reasons for their absence from the housing scene is as...

Interest Rates Are Up – But Mortgages Are Too

Mortgage interest rates are still astonishingly low, even though they’ve begun to creep up from the historic low levels of a few months ago. While some housing industry watchers have worried that the rise in rates could put the brakes on the emerging housing recovery,...

Student Loan Debt Gets Political

The ongoing saga of out of control student loan debt took a detour through Washington for some partisan infighting last week, as House Republicans and Senate Democrats engaged in some busy finger pointing about who’s responsible for delaying a bill that would keep...

Subprime Mortgages Muddy the Housing Outlook

Combine federal manipulation of interest rates, tighter standards for mortgage lending and a surge in subprime loans, and what do you get? A blend of mixed messages and conflicting goals that leaves financial experts and homebuyers alike scratching their heads. And,...