Archive for March, 2009

31 Mar

Same for Reverse Mortgage

According to the Reuters, we know that the sales of vacation and investment houses in the United States have slipped to the 30 percent of all transactions of existing and new homes in 2008. This is showing us how the economy has not yet recovered in full mode because we still can see many people [...]

31 Mar

Oil Price Slipped Again

The oil price slipped again same with the major stock price in almost countries especially United States. It shows us about economy concern and hope in front of the traders. The oil price almost reaches $50, after decreased about $2. This indicates less demand for oil in line with the slower industrial growth rate in [...]

31 Mar

Blame Mortgage Loans

House and real estate once again has been blamed as the biggest reason of why we are now sitting here at the economy crisis. The world level crisis affects all countries in different pain but no one country able to avoid this crisis. The problem comes from the mortgage loans as the first place of [...]

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