Friday, October 7, 2011

Unemployment Unemployment Unemployment

Although the U.S. economy is recovering and creating jobs (atleast that’s what the government says), investors and analysts expect the Federal Reserve to leave interest rates unchanged, this year. In a recent report released, it was stated that a weakening U.S. economy is setting the stage for lower interest rates. The only way to really know what direction you should go is to ask a local expert in mortgage lending or real estate. The Fed claimed that their policies, after the Long Term Capital Management losses, had been successful. The Federal Reserve policy actions are now causing another bubble to form - perhaps one that is worst than the others. More Here...

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