Weekly Recapby Tim Manni
We published some very informative and speculative posts this week.
What’s behind Fannie and Freddie’s unlimited funding?
Can I get a tax break on my “green” home improvements?
Whether you’re interested in energy-efficient mortgages or where mortgage rates will end up in 2010, this week’s posts have something for you.
- “Don’t Fall for Erratic Monthly Job Reports“: It may be easy to think that our economic recovery has stalled when you look at December’s jobless numbers. However, remember, it’s important to focus on the overall trend, and the overall trend is that job loss has decreased.
- “We Suspect Principal Reductions Are Reason Behind F&F’s Unlimited Funding“: This is a story we’re going to be following for a while. There may be a shift in the Federal loan mod program, and we believe Fannie and Freddie’s unlimited funding may have a lot to do with it.
- “Dissension in the Fed as They Walk Their 2010 Tightrope“: To extend or not to extend the MBS purchase program, that is the question. The answer to that very question is what has some at the Fed in disagreement.
- “Cold? Warm Up With An Energy-Efficient Mortgage“: This post has everything you need if you’re interested in making your home ”green.” By “green” we mean both helping the planet and saving cash via lower energy bills and tax credits (both state and Federal).
- “Get Specific About Your Financial Goals“: Figure out where the holes are in your financial plan before you start following everyone else’s ideas of how you should improve your fiscal status in 2010.
- “Update1: U.S. Says “Merry Christmas” to Fannie, Freddie“: We said that the unlimited funding means big-time losses for taxpayers; one former Treasury official agrees.
- “Mortgage Rates End 2009 on the Rise“: Despite the fact that mortgage rates ended the year on the rise, “we are no worse off than we were as recently as mid-November, and still far, far below the June 2009 highs,” according to the latest issue of HSH’s Market Trends Newsletter.
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