Alan Greenspan, the former U.S. Federal Reserve chairman and still a voice to be heeded, has warned recently that the U.S. Economy may be headed for a recession.
As previously noted here at Rate Comps, the economy in 2007 is expected to grow at its slowest pace since 2002, and Greenspan has indicated that this is […]

The National Association for Business Economics has just released a survey of 47 top forecasters, noting that the economy is expected to slow in 2007. Forecasters predict a growth rate of of 2.7%, which would be the lowest since 2002 saw modest growth of just 1.6%.
Restrained by a worse-than-expected slump in housing, the economy will […]

I read a good article on Yahoo! Finance today about “homeowners’ fears” and what actions to take to deal with them. The advice was fairly basic, but it’s nice to get a reminder every once in a while. The first point made in the article, about having a home inspector take a look at your […]

Adjustable Rate Mortgages (ARMs) originating 3-5 years ago are starting to reach uncomfortable heights for homeowners in increasing numbers these days and many borrowers are not finding the market for a new mortgage as agreeable as they would like. While the mortgage business is slowing down a bit for lenders, homeowners can still receive low […]

Rate Comps is the latest web site from two long-time real estate investors who have years of experience with both purchasing and leasing real estate as well as securing financing for residential and commercial real estate deals. We look forward to offering a great deal of information about mortgage lending in our site, and plan […]