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Save Food, Save The World

British Prime Minister Gordon Brown has stated that the average household in the UK is wasting around 8 pound sterling per week on unnecessary food bills. Brown’s suggestion that the British public should think more carefully about their food shopping in an attempt to reduce the horrifying effect of the credit crunch seems laughable. . . . → Read More: Save Food, Save The World

So What’s New? 2008 Energy Crisis

America had an energy crisis starting in 1973 with the Arab oil embargo. Unfortunately we didn’t seem to take it all that seriously as it was fairly short lived. Certainly the United States didn’t learn much from it.

The 1970′s energy crisis led to greater interest in renewable energy and spurred research in . . . → Read More: So What’s New? 2008 Energy Crisis

Mortgage Interest Rates Jump Up

After several weeks of staying relatively flat mortgage interest rates jumped up this week. 30 Year mortgage went from 6.09 to 6.32. 15 Year Mortgage moved from 5.65 to 5.93. 5 Year rates went from 5.51 to 5.70. The only rate that was somewhat stable was 1 Year Arms which went up from 5.06 . . . → Read More: Mortgage Interest Rates Jump Up

Austin Hipness Moves South

For decades, bumper stickers have adorned cars all over central Austin, proudly proclaiming “78704 More Than just a Zip Code.” The South Austin lifestyle originated there, but as Austin real estate prices rose, and fancy restaurants and shops re-energized South Congress, a migration of hip-ness began. Now, a new bumper sticker is gaining in . . . → Read More: Austin Hipness Moves South

Mortgage Interest Rates: Up Up And Away

Up up and away. Mortgage interest rates continue on their upward trajectory. 30 Year mortgage rates went from 6.32 to 6.42. 15 year notes rose from 5.93 to 6.02 and 5 year arms rose almost 20 basis point going from 5.7 to 5.89. 1 Year arms rose this week from 5.09 to 5.19. But . . . → Read More: Mortgage Interest Rates: Up Up And Away

The Fate Of The Estate Agent

The estate agent is often castigated as being the low life skimming money from the top of people’s property sales. But in the current property market, it is our sympathy rather than our hatred that should be levelled towards the estate agent. Times are certainly becoming hard; it is estimated that 150 branches are . . . → Read More: The Fate Of The Estate Agent