Ilyce Glink Show Notes - October 4, 2009
New Media Atlanta and Chris Brogan
Fewer People Refinance Mortgage Loans, MBA Reports
For the week ending May 8, the number of mortgage applications filed fell by 8.6 percent from a week earlier, reported the Mortgage Bankers Association today.
MBA's Refinance Index dropped by 11.2 percent while the Purchase Index increased by 0.5 percent from a week earlier, on a seasonally adjusted…
5 Ways to Know the Real Estate Market is Improving
My mother said something interesting to me the other day. She said, "The Realtors in my office are much busier than they were two months ago. They're doing real deals."
This would be just another one of those passing comments except that my mother works for the top Baird & Warner office in downtown…
National Mover Rate Lowest In 60 Years
In 2008, the national mover rate fell to its lowest level since the Census department began tracking that data in 1948. The rate fell to 11.9 percent of the population, from 13.2 percent in 2007, the Census department announced earlier this week.
About 35.2 million people changed residences in 2008…
Last Minute Tips from the IRS for a Successful Tax Filing
If you haven't begun the process of filing your federal and state (if you are required to do so) income tax form, it's time to get moving. There are just five days left until the April 15th deadline, and you may not get a lot done around the Easter or Passover holidays. Today, the IRS offered some…
Sub-prime Mortgage Loans Did Not Meet Goals
Sub-prime mortgages issued between 2001 and 2006 did not achieve the goal of increased home ownership, a recently released study finds.
The number of sub-prime mortgages terminated between 2001 and 2006 was higher than the number of first time home buyers who applied for them during that time frame…
Financial Crisis Testimony From Secretary Geithner March 3, 2009
U.S. Treasury Secretary Tim Geithner Written Testimony -- As prepared for delivery House Ways and Means Committee Hearing March 3, 2009
Chairman Rangel, Ranking Member Camp, members of the Committee, thank you for providing me the opportunity to appear before you today to discuss the President's…
Arizona: Epicenter of the Housing Crisis
If you want to know why Obama picked Arizona to annouce the Homeowner Affordability and Stability Plan, take a look at these statistics that were compiled by the White House and released in a media briefing plan. (Sourcing is noted at the end of respective paragraphs.)
Arizona jobs, unemployment and…
How Are You Cutting Labor Costs But Not The Labor?
In several papers over the past few days, there have been stories written about how big and small companies are cutting labor costs, but avoiding layoffs.
In today's New York Times story, there are a number of examples of companies enforcing a 1 percent wage drop, or moving to four-day weeks…
