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Risky assets remained in favor during the past week, generally helped along by fairly robust economic data and better-than-expected corporate earnings reports. A number of bourses, crude oil, inflation-linked bonds and high-yielding corporate bonds and currencies recorded fresh highs for the year, whereas gold hit an all-time high of $1,070.20 per ounce. Assets such as government bonds and the US dollar saw fading demand as safe havens, now that the global economy is on the mend. Similarly, cr

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Random Feed wrote an interesting post today on
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Susan Feyder - Minneapolis Star Tribune The Minnetonka building was sold to an affiliate of CR Richard Ellis Realty Trust. Aug 23, 2009 St. Louis Park project caught in economy’s grip The Shops at West End in St. Louis Park was envisioned in better times. Developers are struggling to fill IRS Issues Rules To Ease Mortgage Refinancing - BayInsider WASHINGTON — The IRS issued new rules Tuesday designed to make it easier to refinance some commercial real estate loans in an effort to curb the

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Random Feed wrote an interesting post today on
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For the typical purchaser who has managed to acquire credit card debt, automobile loans, and a variety of other small debts, is the second mortgage loan an answer for the consolidation of debt and a tax reduction? Pretty frequently the answer to this question is yes. Second mortgages that have traditionally been used in areas of home improvement, funding college educations or business startups are now being considered as a means to eliminate or consolidate high-interest credit card debt and cr

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Random Feed wrote an interesting post today on
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The Federal Housing Administration (FHA) has seen a surge in demand for its loan products as the cost of other non-FHA loans have increased and their availability has diminished dramatically. So an FHA loan may be the best option for anyone buying or refinancing in 2009. Whereas private banks and mortgage companies were throwing money out the door two or three years ago to help people buy homes, now they have substantially tightened their purse strings. Down payment requirements are bigger, cr

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