Deciding on a mortgage is likely the most important financial decision consumers will ever make, yet borrowers are more often than not taking the first loan offer that comes their way, failing to fully capitalize on low rates by comparison shopping.
Rent or buy? It's a popular topic, and plenty of experts are quick to trot out a simple rent vs. buy index and tell you that if you live in, say, San Francisco, you should be renting, while if you live in Detroit, buying makes more sense.
We continue to believe that investors are underestimating the risks inherent to the bond market at this stage in the game. Bond investors are not being compensated for the risks they are assuming when they are not even able to earn the expected rate of inflation.
When two presidents -- President Obama in his new jobs plan and President Clinton on the Sunday TV talk shows -- say that real estate has to recover for our economy to recover, it should take precedence in discussions on how to boost economy growth.