Pay Off Your Mortgage or Invest the Money? As you invest your money, shop for a home or tackle any one of the many financial decisions you have to make over your lifetime, do you sometimes wish you’d paid more attention in math class? Do you find yourself having to "run the numbers" and […]
Home Builders Blaming the Media
Home Builders Blaming the Media According to new figures released recently, U.S. home builders remained pessimistic in November and are now beginning to blame the news media for their woes, worried that the national media’s tendancy to report negative housing stories as if there is one real estate market, when, in fact, there is […]
Real Estate Seminar Ripoff?
Real Estate Seminar Ripoff? If you’ve ever been tempted to attend a free seminar on real estate investing, or felt attracted to a money-making course you see on some late night infomercial, this next story is for you. Part 2 of 2. (1:40) Have you, or anyone you know, been taken in […]
Help on the Way for Strapped Homeowners
Help on the Way for Strapped Homeowners The Senate moved against the worsening mortgage crisis, voting recently to make it easier for thousands of homeowners with ballooning interest rates to refinance into federally insured loans. The legislation, approved 93-1, would allow the Federal Housing Administration to back refinanced loans for borrowers who are […]
Existing Home Sales Down
Existing Home Sales Down The National Association of Realtors announced recently that total existing home sales – including single-family homes, townhomes, condominiums and co-ops – decreased 1.2 percent in October when compared to the previous month’s sales. October marked the eighth straight month that the pace of sales has declined from the month […]
Housing Woes Have a Domino Effect
Housing Woes Have a Domino Effect If you haven’t yet felt the impact of the nation’s credit crisis, just wait. So far, the turmoil may feel a bit remote for average people: Failed mortgage lenders. Gargantuan write-downs by banks. Foreclosures for people who couldn’t really afford the mortgages they got. What about the […]
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