No relief from foreclosure mess

24th August, 2009 - Posted by admin - No Comments

The news on housing foreclosures isn't getting any better. In fact, it's getting worse. According to a story in the Wall Street Journal, one in every eight U.S. households with mortgages was… Read More

Trying to time the bottom

17th August, 2009 - Posted by admin - No Comments

Did you see the housing crash coming? There were certainly enough warning signs. Maybe the better question is this: Did you see the housing crash coming and did you do something about it? In other wo… Read More

Is renting the new American Dream?

15th August, 2009 - Posted by admin - No Comments

We all know what the traditional American dream is supposed to be: Owning a home. But that dream hasn't worked out so well for a lot of people these days. It's caused a lot of folks to wonde… Read More

Foreclosures dogging the middle class

14th August, 2009 - Posted by admin - No Comments

Remember when the number of housing foreclosures first started to boom? We liked to say it was because of all those greedy homeowners who took out high-risk subprime mortgages to get into homes they c… Read More

Loan clinic the cure for mortgage ailments?

13th August, 2009 - Posted by admin - No Comments

Pres. Barack Obama has put an increasing amount of pressure on mortgage companies to restructure the loans of homeowners who are struggling to make their monthly payments. Many homeowners, though, hav… Read More

Mortgage rates on the rise, again

12th August, 2009 - Posted by admin - No Comments

There was one positive of the housing slump: Mortgage interest rates kept going down. Now that the housing market is in the early stages of a fragile recovery, mortgage interest rates are no longer f… Read More

Family to lose home because of seven cents

10th August, 2009 - Posted by admin - No Comments

Pres. Barack Obama wants mortgage companies to do everything in their power to prevent families from losing their homes to foreclosure. You can bet he's not thrilled with a story that ran earlier … Read More

Odds are good you’ll be “underwater” by 2011

9th August, 2009 - Posted by admin - No Comments

If you own a home, the odds are good that you'll be "underwater" by 2011. No homeowner wants this. It's when you owe more on your mortgage loan than what your home is worth. Accord… Read More

More good news for the housing industry

6th August, 2009 - Posted by admin - No Comments

A rising number of U.S. residents in June signed contracts to buy homes. It's just one more piece of evidence that the U.S. housing market is finally recovering from its long slump. And that'… Read More

What to do when those mortgage payments get hard to make

6th August, 2009 - Posted by admin - No Comments

It can happen for a host of reasons. Maybe you've lost your job. Maybe your employer has cut back your hours. Maybe you're going through a serious injury. You might even be struggling through … Read More

Older Entries