Everyone seems to wonder if we will see a recession ahead? Rates have been dropping consistently and are expected to continue their decline. This is not a surprise. We have known for some time that the housing bubble would bring the house of cards tumbling down.
The lenders created the ability for buyers to qualify for [...]

Popularity: 2% [?]

A government report shows that April was the slowest period for job growth in over 2 years. About half of the new jobs were reported in April than were reported in March. Two of the four months in 2007 have seen less than 100,000 new jobs which is the lowest growth since late 2003.
As expected the construction [...]

Popularity: 1% [?]

The government reported today that the economic growth for the U.S. is at 1.3% which is it’s slowest pace in 4 years. This reading was far worse than economists expected. As expected, the housing issues have caused consumer spending to pull back significantly. Economists had hoped the real estate market’s affect on the GDP would [...]

Popularity: 1% [?]

In 2006 cost of electricity for the average homeowner went sky high. As a result of deregulation homeowners were put into a rate structure that is completely biased and inaccurate.
The new 5 tier billing system concludes that 580 kilowatt hours is considered average of all SCE customers and uses this as its baseline for establishing [...]

Popularity: 2% [?]