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Friday, December 18, 2009

Canadian Mortgage Broker News - Housing bubble seeds in place, says Merrill Lynch economist

Canadian Mortgage Broker News - Housing bubble seeds in place, says Merrill Lynch economist

Twitter vs. Blogs

I am trying to keep up with the times.
I have started a Twitter at
twitter.com/davidcooke1 where I make up to the minute announcements about rate changes and
mortgage related news.
However, I find that 140 characters is limiting and a blog allows space to properly explain concepts and ideas.
What do you prefer? Blogs or Tweets?

US style housing bubble unlikely

Benjamin Tal, senior economist with CIBC stated today that we are unlikely to see a US style housing bubble. We do not have the debt loads that Americans had in 2006 and 2007 leading up to the recession. You also have to keep in mind that they were finaincing at up to 120% of the value of the home.
for more information visit my website at http://mortgagealliance.ca/davidcooke

to see the whole article
http://bit.ly/7eMvX6