The 30 year rate fell from 4.79 to 4.72 this week. This is the lowest point this year. The previous low was 4.78 reached two weeks ago. What is more interesting is that the all time low is 4.71 so just .01 points lower than current rates. Looking at other rates the 15 year dropped […]

Foreclosures and short sales dominate the real estate market in many U.S. cities; although, the numbers seem to be evening out in certain areas. It takes manpower to process the increased workload for the mortgage industry and many companies are hiring. Not only does the lending industry need people to handle the new workload, there […]

The Canary Island of Tenerife prospered along with much of Europe in the last twenty years, and built itself a reputation as a great place for a holiday. So successful has Tenerife’s promotions been as a holidays destination that a significant part of the island’s economy and employment is based upon tourism – and any […]

Experiencing a drop in tourists numbers in the middle of a deep and long lasting recession is understandable – losing a million of them in one year when a good part of your economy relies on tourism could be construed as careless and more than just a little worrying. Figures just released in Spain show […]

For any business interested in long term prosperity and success, the ability to predict the future would likely be at the top of their business wish list. Knowing what is going to happen before it happens would give your company a decided advantage in your particular marketplace. Of course, there is no magic genie that […]

The 30 year rate fell from 4.84 to 4.78 this week. This is the 5th week in a row where they have fallen. They are now flirting with the all time historic low of 4.71 reached in 2009. If it were not for 2 weeks in 2009 today’s drop would be seeing cialis drug impotence […]

As past and present bankers from Goldman Sachs, JP Morgan, Bears Sterns and Washington Mutual sit on the hot seat in front of Congress, Americans have to be collectively scratching their heads. What exactly are these guys guilty of? And, why won’t any of them own up to any wrong doing? As the Congressional Financial […]

As a business owner or anyone who works with customers, your main goal is to get customer loyalty. You want those customers to keep coming back for more. While many different places are creating cards that gives those who have them incentives to practice this, many of these places have forgotten the old fashioned things […]

The 30 year rate fell from 5.00 to 4.93 this week. In a time where the news is filled with stories about inflation fears we are seeing mortgage rates steadily decline. This is the 5th week in a row where rates have held steady or fallen. Its also the lowest we have seen rates in […]

The (economic) crisis is a crisis in consciousness, the crisis that cannot anymore accept the old norms, the old patterns, the ancient traditions and considering what the world is now, with all the misery, conflict, destructive brutality, aggression and so on. Man is still as he was, is still brutal, violent, aggressive, acquisitive, competitive and […]