Subto.net is back!

Took me a while. Security is enhanced and I added some features.

Hope to see you around (the site).

Thanks,

Javier

NEW YORK (Jan 28) - Worker salaries are growing much more slowly than inflation, raising concerns about consumers' ability to repay loans and credit cards bills at a time when borrowing is near all-time highs.

Just as Americans have begun receiving hefty statements for their holiday purchases in the mail, the government reported on Friday that wages rose a meager 2.5 percent over the past year -- the smallest increase on record.

Stacked against a 3.3 percent overall increase in prices for the year, the data paints an ugly picture of debt-burdened, cash-strapped American consumers struggling to make ends meet.

November 30, 2004

WASHINGTON - You needn't be one of the 17 million Americans already victimized by identity theft to profit from free yearly credit reports under a federal law that kicks off Wednesday.

Five alternatives if you're hit with higher interest charges.
In an industry where the trend has been to increase fees on credit-card accounts, more credit-card companies are invoking a provision in their card agreements that legally allow them to raise interest rates when an indiscretion occurs in other unrelated accounts -- even if the customer has made all payments on time on the account in question.

Tax-free exchanging -- one of the most popular real estate strategies for investment property sellers -- just took a modest hit from the federal government.

McLEAN, VA -- Freddie Mac (NYSE:FRE) released the results of its Primary Mortgage Market Survey in which the 30-year fixed-rate mortgage (FRM) averaged 5.70 percent, with an average 0.6 points, for the week ending November 4, 2004, up from last week when it averaged 5.64 percent. Last year at this time, the 30-year FRM averaged 5.94 percent.

WASHINGTON, D.C. - Most homeowners -- 75 percent of them -- have a 20 percent or greater equity stake in their homes and that's plenty to cover a significant drop in home prices.

Will The Turmoil At Fannie Mae Create Problems For Home Buyers, Realtors And Mortgage Lending?
by Kenneth R. Harney

Whither Fannie Mae? What are the potential impacts of its current problems on home buyers, Realtors and lenders?

Here's a quick, handy guide to Fannie Mae's woes, just in case you're having trouble translating last week's headlines into practical terms for yourself or clients.

"The first thing we do, let's kill all the lawyers," a character in a Shakespeare play famously remarks.

I have a different suggestion: Make it realtors.

Back in about 1963 the market in Las Vegas was overbuilt with new homes. The builders were going crazy trying to figure out how to sell these new houses. Terms were being used like: the market is flat, the economy is in the toilet and the housing market bubble has burst. A lot like some of the stories you read from some of the investors in certain areas of the country.