Tag Archives: Deleveraging

Cash-In Refinancing – Deleveraging Trend Continues

A few years back cash-out refinancing was used to buy cars, boats, granite countertops, and take vacations. This new trend shows a market now turned 180 degrees from consumption and risk to frugality and risk avoidance. Continue reading

Posted in Banking and Finance, Best Of The Storm, Mortgage News | Tagged Deleveraging, Freddit Mac, Interest Rates, Refinancing | Leave a comment

Richard Koo On Why This Recession Is Different; Mish On What To Do About It

The Business Insider has a very interesting presentation by Richard Koo on The Real Reason Why This Recession Is Completely Different. Here are a few slides. US Housing Prices Follow Japanese Experience Interest Rate Policy Did Not Revive Housing In … Continue reading

Posted in Best Of The Storm, Fresh Perspectives | Tagged Deleveraging, Depression, Home Prices, Japan, Lost Decade | Leave a comment

When the Fed Stops the Music

How will the mortgage market react when the Fed stops buying mortgage securities at the end of March? There are so many things in the air, and today we explore more of them, as I continue (perhaps foolishly) to try and peer into what is a very cloudy crystal ball. Continue reading

Posted in Best Of The Storm, Fresh Perspectives, Home Economics | Tagged Deleveraging, GDP, Interest Rates, National Debt, Stimulus, Stock Market, Taxes, The Dollar, The Euro, The European Union, The Fed, Unemployment | Leave a comment

The Age of Deleveraging

This is the season when pundits feel compelled to make annual forecasts. I will make mine, as I traditionally do, in the first letter of January. But already we have seen a wide range of forecasted outcomes. Are we going … Continue reading

Posted in Banking and Finance, Best Of The Storm, Commercial Real Estate, Fresh Perspectives, Home Economics | Tagged Consumer Spending, Credit Card Debt, Deleveraging, Frugality, GDP, Mortgage Delinquency Rates, negative equity, Recession, Stimulus, Stock Market, Unemployment | Leave a comment