In an article in the Pensacola News Journal, writer Carlton Proctor is open with his resentment towards Southwest Airlines in an unrealistic bash on the popular airline. Southwest Airlines recently chose the New Northwest Florida Panama City International Airport as their newest addition to an already vast portfolio of service areas. Proctor uses casual banter and poorly researched and inaccurate facts to make an argument that is neither relevant nor credible.
Read on to see how I break down his “paper.”
Continue reading “Pensacola Paper Shows Bitterness towards Southwest”
It seems that more and more people are getting excited about being on the winning end of the foreclosure crisis. Even though they are great deals customers sometimes are frustrated with the amount of red tape we have to go through and the fact that we have to do it the banks way. The game has changed in Real estate and navigating short sales and foreclosures requires a little study so I thought I would share a few foreclosure cliff notes with you.
We are definitely seeing a return to volatility in mortgage rates as a see-sawing stock market has made for fickle demand for bonds. While sitting near record lows for several weeks rates bounced back up by late last week and were approaching 5.375% on the conforming thirty-year, fixed-rate on Monday before settling back to 5.25% on Tuesday. Some of the pressure on rates can be attributed to the huge government bond auction this week that will push the nation’s overall debt to near its debt ceiling of just over $12 trillion. The $123 billion in government securities creates additional supply yet, so far, it appears there is still adequate demand to absorb the new debt which has allowed rates to ease somewhat. I believe we will continue to see this return to volatility in both bonds and equities as investors become less convinced that this year’s rally in stocks will continue.
PCBDaily 