Thursday, June 11, 2009

Mortgage crisis explodes Foreclosures Exceed 300,000

Hyperinflation, THE WORST IN HOUSING YET TO COME? Are we on the brink of COLLAPSE?



What happens if interest rates go much higher BEFORE THE HOUSING MARKET BOTTOMS? Is money moving out of treasuries because the worst is over for the equity market OR BECAUSE THE WORST IS COMING FOR THE TREASURY BONDS???? THE FED SHOULD RAISE RATES NOW!!!!
Interview and discussion with Rick Sharga of the RealtyTrac. He talks about foreclosure data and the housing crisis. (Bloomberg News)



1 comment:

  1. do you know the % of people just walking away because they are at tired of paying on a home not worth what they paid for it?


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