Oil prices have been dropping and dropping fast, my head is spinning from the pop we’ve seen in the retail over the past several trading sessions. Did the credit crisis go away all of a sudden?
Cramer doesn't think we're not going to breach the lows we saw in July. So watcha waiting for - BUY,BUY,BUY.
I’m still leery we’re out of the woods yet. The housing market is going be in the dumps for the forseeable future. Fannie is getting out of the Alt-A business by years end. They're also raising their mortgage fees. That means if you don't have impecable credit, a sizeable down payment (Don't forget the country has a negative savings rate), and a J-O-B (FHA requires 3.5% down and proof of income), you aren't getting a house - nada, zippo, zilch. If you're a veteran looking to purchase a home for the first time - USE YOUR VA LOAN BENEFIT (no down payment, no private mortage insurance, and you should be able to negotiate a good interest rate with your lender since uncle sam is backing the loan )
Here are some of the best tips I've seen yet for those of you looking to save a little bit of extra cash.
