Credit Reporting and How to Avoid Junk Mail

by | Aug 25, 2008 | Tips

I had a meeting with a client the other day and we were discussing credit reports and how many pieces of junk mail he receives from credit card companies soliciting him to open up new credit cards. Obviously he’s on some list (or lists) because, if you’re not aware,...

Economic Theory: “The Hemline Index”

by | Aug 19, 2008 | Miscellaneous

This is silly, but certainly amusing! The Hemline Index is a theory purporting that skirt lengths and the economy coincide. The shorter the hemline, the stronger the economy; the longer the hemline, the weaker the economy. Check this out… Hemlines hiked up in the...

If Your Monthly Payment is About to Reset…

by | Aug 18, 2008 | Tips

I want to share a situation that comes up all too often in this market: I got a call a few weeks ago from a woman that bought her condo in 2005 with a 5% down payment. She was put in a 3/1 Interest Only ARM (fixed at a set interest rate for the first 3 years of the...

Consumer Price Index 8.14.08

by | Aug 14, 2008 | General Market News

I know, I know… we don’t need an official report to tell us this, but here it is anyway.  The overall July Consumer Price Index (CPI) came out this morning and the reported figure was a hefty 0.8%.  The CPI is the economic measure of consumer inflation and...