December 2015 - Fortune Tellers

TheMReport — News and strategies for the evolving mortgage marketplace.

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64 | TH E M R EP O RT FINAL THOUGHTS Final Thoughts These quips and barbs are laying the groundwork for an interesting year ahead. "He is a disaster with his credit cards." DONALD TRUMP criticizing Marco Rubio's spending habits during a press conference—including the allegation that Rubio put more than $7,000 in personal expenses on a Republican Party credit card. "If bubbles were easy to identify . . . far fewer investors would get swept into them." BEN S. BERNANKE in his new book, The Courage to Act: A Memoir of a Crisis and Its Aftermath. "I think it's just fear and the nightmare . . ." MARK ZANDI, Chief Economist at Moody's Analytics, told CNBC that fear of the market is pushing borrowers to overpay on their home loans through choosing fixed-rate mortgages over adjustable-rate mortgages. "Like, that's ridiculous. It feels like you're targeting." MONIQUE GEORGE, a New York renter, commenting to WNYC News about HUD's proposed smoking ban in public housing. "[Age], Race, and Place …" A November 5th ABC news report stated that U.S. housing is divided by these three metics.

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