


What is “Hard Money”?
My cousin just got a loan and said he had to get hard money. What is “hard money”? Hard money is also called private investor money. These are loans that are made by private parties, or investment companies, or even crowd funding sites, to people who cannot get...
Back Down to a Quiet Week
Overall it was a quiet week in economic data. August retail sales were down 0.3% t,he August PPI was unchanged, and the weekly jobless claims were up 1000. Collectively that should have helped interest rates come down (bad news is good for rates). The CPI was up...Economic News: Rates Went Up. Want to Know Why?
Some slightly good news makes the markets rally. It all started last Friday with a good jobs report that sent the stocks market averages higher, which hurts the bond market’s appeal....