Washington PostSenator Lisa Murkowski Delivers Weekly Republican Address "This is United States Senator Lisa Murkowski of Alaska . "As I speak to you today, Americans from Alaska to Florida are grappling with a very difficult Video: Stimulus Bill Expected To Pass Murkowski blasts stimulus as "none of the above" Will Any Other Republicans Support the Stimulus Deal?
Property WirePeter Boutell, Lending a Hand: Understanding the levels of It is both interesting and frustrating to note that two states, Alaska and Hawaii, have been designated as super high-priced areas and, consequently, Button up - February 12, 2009
AlaskaReportFix this economic mess When Alaska’s economy collapsed, I watched as real estate and/or the mortgage backed paper (mortgages and/or notes secured by deeds of trust) that came with
Zillow: Ga. mortgage rates still lowest As of Monday, state average 30-year fixed mortgage rates ranged from 4.88 percent in Alaska, Kentucky and New Mexico to a high of 5.74 percent in Rhode
He began by noting a parallel between the mortgage crisis and global warming, saying the world has $7 trillion in subprime carbon assets that it can't get
Peter Boutell, Lending a Hand: Understanding the levels of ... - Santa Cruz Sentinel
14.02.09
Traditionally, the conforming loan limit has been set each year by Freddie Mac and Fannie Mae, the nation's largest investors in home loans. This is the maximum loan amount that Freddie and Fannie will buy from banks and mortgage companies. Because Freddie and Fannie have historically had the implicit backing of the U.S. government, the mortgage rates for loan amounts up to the conforming limit have been the lowest available. The underwriting guidelines established for this category of loans by Freddie and Fannie have set the standard in the mortgage industry.
Loans larger than the conforming limits, referred to as jumbo loans, have always had higher interest rates and tougher underwriting standards and, consequently have always been harder to qualify for than for loans under the conforming limit.
Those of us in the mortgage industry were so excited when President George Bush signed the first version of the economic stimulus package one year ago this month. It was going to raise the conforming loan amount to $729,750 for high priced areas like Santa Cruz County. That should have meant that rates would drop and underwriting guidelines would ease for loan amounts above $417,000, which has been the conforming loan amount for single-family homes since January, 2006. The conforming loan amount for duplexes, triplexes and four-plexes is higher.
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What is the advantage and disadvantage to moving to Anchorage, Alaska...i.e. registered nurse.?
Oct 21, 2008 by BIGDOGJ | Posted in Other - United States
I am thinking about moving to Anchorage, Alaska. I have two young children. My wife is also a new RN graduate. There seems to be a lot advantages: sign on bonuses; dividends; fishing; outdoors. disadvantages: higher cost of living; mortgage is high. anything else i'm missing?
More than most places, skilled medical professionals are needed in Alaska. Partly because we get injured and sick at above average rates. But mostly because highly educated people (doctors, nurses, etc) tend to stay in metropolitan areas.
I agree with your advantages and would add truly gorgeous scenery on all sides of Anchorage. And even more beautiful and wild places a day trip away ("the nice thing about Anchorage is that it is close to Alaska"). Also there's that free money the state gives away each year ($3200 last monrth). Even Anchorage is a small town in terms of getting to know people, getting connected within your profession and recognizing people around town. Every other town in the state is much more so. I live 160 miles from Anchorage and can't spend a day in Anchorage without seeing someone I know. That's great if you do good work - word will get around. And Alaska employers are unusually aware that people live here for a reason and are therefore very flexible with time off.
To your disadvantages I'd add: expensive (running about $700-800 RT) and bothersome air travel to see family and friends "Outside" (the 48 states). Short days in the winter (about 5.5 hours in late Dec in Anchorage). Long winter (first snow in Oct or Nov. Thaw or "break-up" in April.
I'd discount the "high cost of living" a little. Yes, fresh fruits cost more and are a day or two older than in Seattle. You need more warm clothes and you want more outdoor toys. But land is a real bargain. Anchorage seems expensive compared to a farm town in ND. But conmpared to any big city on the Pacific Ocean with recration all around (think Seattle, Portland), it is very affordable for land and houses. And the outlying towns are far cheaper still. That's an advantage if you stay and settle down. Less so if you rent while you are here. Check the heating costs of any place you consider renting or buying. If they won't show you records, it could be a very inefficient house.
David in Kenai | Oct 23, 2008
Why doesnt America Just Sell Hawaii to get out of debt?
Sep 30, 2008 by lovelife | Posted in Government
Why doesnt the govt just sell off Hawaii or alaska. Then they can pay for the mortgage crisis. Then backtrack and freeze the funds of individuals that created all these bad investment loans.
I dont see why ordinary americans have to be involved with political debt.
It is not the goal of our elected officials to get out of debt. If it were, we would see budgets that spend less money than is collected through taxation.
The truth is, the mortgage crisis is caused by our dependence on debt for "growth." The underlying fundamental problem is not the fall of housing prices (as Paulson says) or bad lending practices by brokers. In fact, the fall of housing prices is a solution. These are symptoms of a broader issue: excessive reliance on debt. What is the source of this debt? Look up the Federal Reserve System. Nearly every dollar represents government debt.
Short answer (from the perspective of legislators): why sell Hawaii when the Treasury can create securities from nothing and have the Federal Reserve create the money to make up for the deficit?
The only way America can get out of debt is for individuals and government to stop borrowing, start earning, start saving, and buying things you can afford. Yes this will cause a short recession, but it's a necessary recession, and real growth can start after it.
Basically I'm parroting Peter Schiff's lines. See his November 2006 speech in the youtube playlist below.
JesseBickel.com | Sep 30, 2008
Is it OK to bail out billionaire executives but to make rape victims pay for their rape kits?
Sep 24, 2008 by joebloe | Posted in Elections
Palin made rape victims pay for their kits in Alaska allegedly to save money for the state budget. Isn't it odd that a trillion dollars is being handed over to the mortgage meltdown crooks.
no it's not right .mcsame's spin doctors are trying to say she didn't know about it, but as mayor you are the Chief of police's boss. so if she truly didn't know it shows she isn't a very effective leader and shouldn't be in the #2 position to head the world's largest economy
a rape kit can cost in excess of $300.i'm not aware of any other police department that makes the victim cover the cost of gathering evidence.and it's not to prevent false accusations there is already a check and balance for that it's called unsworn falsification to the authorities . if the allegation is false the person is charged and if found guilty would have to pay restitution to the state for ALL costs
Alaska Mortgage Bankers Association Web Site
The official website of the Alaska Mortgage Bankers Association. ... Alaska Legislature. Mortgage Bankers Assoc. CampusMBA. Don't Borrow Trouble. Consumer Complaints ...
Washington PostSenator Lisa Murkowski Delivers Weekly Republican Address "This is United States Senator Lisa Murkowski of Alaska . "As I speak to you today, Americans from Alaska to Florida are grappling with a very difficult Video: Stimulus Bill Expected To Pass Murkowski blasts stimulus as "none of the above" Will Any Other Republicans Support the Stimulus Deal?
Property WirePeter Boutell, Lending a Hand: Understanding the levels of It is both interesting and frustrating to note that two states, Alaska and Hawaii, have been designated as super high-priced areas and, consequently, Button up - February 12, 2009
AlaskaReportFix this economic mess When Alaska’s economy collapsed, I watched as real estate and/or the mortgage backed paper (mortgages and/or notes secured by deeds of trust) that came with
