In this Issue:* New Home Sales Down in June Home Refinancing: What You Need to Know Is The Housing Crisis REALLY Over? New Home Sales Down in June When new home sales drop in the month of June, it’s cause for concern. June is traditionally one of the best months of the year […]
How Housing Policies Caused the Financial Crisis
Housing policies caused the financial crisis, according to Peter Wallison, a scholar at The American Enterprise Institute. Wallison lays all the blame on Fannie Mae and Freddie Mac, along with government intervention. Questions or comments, use the comment link below. We’d love to hear from you.
Foreclosed Properties Hold Back US Economy
Most economists agree the housing crisis remains the biggest obstacle to economic recovery in the US. But there’s no consensus on how best to fix it and the rate of foreclosed properties has hit a record high. Comments or questions about this video? We’d love to hear from you. Just click the comment link below […]