A new product called MacroShares allows investors to hedge against changes in the value of their home. The securities are issued in pairs so that every position is matched by an offsetting bet. I doubt if this will become a mainstream investment anytime soon, but it could mark the beginning of the move from looking [...]
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An Ad for a mortgage I found at a supermarket chain's checkout counter Ralphs is a supermarket chain out west, a cross between Publix & Whole Foods. I was waiting in the check out line, looked to my left, and saw the usual assortment of candies, mints, and… mortage applications? The area of the [...] |
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