Two things. First, loans can be financed over 30 years, instead of 25. That starts in mid-December. To qualify you must (a) be a first-time buyers and, (b) be gullible. Alternatively, simple financial ...
Welcome to the whine-and-sheesh edition of GreaterFool. We’ll get to some of the moaning in a moment. First a brief update to yesterday’s heretical post about US interest rates rising in 2015. When ...
In case you missed it, our American friends grew their economy at a 3.9% rate in the third quarter of the year. That came after a 4.3% jump in the previous three months. This was the best six-month ...
Does history repeat? Only if human nature does. Bubble talk continues. The latest contribution is from Scotia economist Derek Holt in a paper entitled, “Is there a Canadian Housing Bubble?†Like ...
I’m not quite old enough to remember Jimi Hendrix’s groundbreaking 1967 album release, but I’m old enough to be celebrating this week my 10th anniversary with Turner Investments and my 25th ...
Okay, so it’s not beautiful. But it’s a house that comes with 4,000 square feet of land, two bedrooms, a fireplace and a garage. It’s not the greatest hood, but it’s in a major US city – Chicago. And ...
In 16 days interest rates rise again. By half a point, most econs agree. So, the Bank of Canada rate will have swelled from 0.25% to 4.25% in nine months. That’s a record. Up 1,600%. Variable-rate ...
Well, time for some more of those fake letters that income-challenged deplorables in the comments section swear I make up, You wish. “I’ve read your blog for years,” says Randy, not quite sucking up ...
Z’s lobbing American missiles deep into Russia. Putin’s threatening to turn the word into ash, again. Trump’s putting a wrestling exec in charge of schools, a sex offender into the justice portfolio ...