The Economic Reality Check

Monday, May 4, 2009

The Economic Reality Check

Click on the title to link. Jim Jubak, who we enjoy and is a guy who knows what he is talking about, wrote this article we found today. It is talking about how it appears we are, at the very least, steadying out on the economy. But the main thrust of the article addresses the long term difficulties we are going to be facing. This should come as no suprise to you since we have been preaching that for some time. Compiling this mountain of debt in order to bail people out has a huge cost associated with it. In this article by Jim Jubak, he deals with those issues head on. Read through this because this is the reality of what lies ahead.

No comments:

Post a Comment

How To Best Uitilize This Blog

What We Do?

We are a residential lender who is tired of seeing people get hosed, mislead or not lead at all by other lenders and brokers. This, unfortunately, is pervasive in our industry. So we are here to educate you with as much info as possible on mortgage, credit, financial and economic issues that will directly affect you or people you know.

We are a sounding board. If you have a situation that you need council, opinions or education on then we are here to walk you through it. So instead of blindly trusting just anyone, let us tell you (bluntly and honestly) whether it is legit or not. We'll take the guess work out.

How We Do?

Drop us an email and we will get back with you. Or you can always call us. Give us as much detail as possible so we can give you the best advice possible.

What You Do?

Spread the word. We don't care how you do it, but get the word out to people before they find themselves in a situation they regret. Let them know that we are here to offer honest, professional and trustworthy advice for those thinking about starting, who have started, or do not know whether to start the process of buying or refinancing a home.