Tag Archives: Consumer Spending

Rising Mortgage Rates Spook Housing

“Despite the Federal Reserve’s announcement last week that it would purchase an additional $45 billion in Treasury securities per month as part of its continuing quantitative easing effort, rates increased in the second half of the week,” said Mike Fratantoni, … Continue reading →

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Huge loss in home values cratered the Bay Area economy

(Source: By Pete Carey, San Jose Mercury News, Calif.) –Bay Area homes have lost more than a third of a trillion dollars in value since the housing bubble burst about four years ago. And in the process, they have taken … Continue reading →

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Huge loss in home values cratered the Bay Area economy

Click photo to enlarge Bay Area homes have lost more than a third of a trillion dollars in value since the housing bubble burst about four years ago. And in the process, they have taken a big chunk of the … Continue reading →

Posted in SF Bay Area News | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment