In this article we are going to take a look at a very controversial and topically relevant issue - poor credit mortgages. Most people who have been following the current downturn in the US economy are familiar with the sub prime mortgage meltdown, and if you have such a loan, you are obviously also feeling the pain. Let’s take a closer look at what they are, what you need to know, and how to AVOID suffering the same fate that has destroyed so many of our neighbors and neighborhoods! (more…)
I’ll have you signing Green all the way to the bank. Interest rates are rising and yes the Fed may do slight corrections to lower it once in a while between every 5 or 6 rate hikes. This is only to give you a false since of hope that it is trending better. (more…)
The Mortgage Bankers Association announced this morning that applications for mortgage loans, on a seasonally adjusted basis, decreased 14.2 percent last week when compared to the week prior. (more…)
In an effort to soothe a struggling housing market, Congress has taken yet another step to help homeowners and businesses weather the tough times they may be facing. (more…)
