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Archive for April, 2008

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Condos as a Temporary Solution

With such an incredible problem with prices in the housing markets, how does one know what to do, or where to go? As housing values are depreciating and it’s getting harder and harder to sell houses, it is now suggested that condominiums may be the best option.
Condos offer flexibility in your living, short or long-term, […]

Popularity: 92% [?]

14Apr2008 | Justin Kuepper | 0 comments | Continued
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Mortgage Advertising Remains Shady

Promotions for cheap loans and easy credit are continuing strong despite a weak mortgage market and a horrible subprime meltdown. The difference is that lenders have moved on from the “Bad credit? No problem!” pitch and onto targeting those who have good credit and plenty of home equity. Since fewer homes are being sold, mortgage […]

Popularity: 96% [?]

4Apr2008 | Justin Kuepper | 0 comments | Continued
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The Rate Freeze and You…

The Mortgage Meltdown, the Rate Freeze, and You
The U.S. government saw the rising foreclosures in 2007 and decided to implement a rate freeze program to help relieve homeowners. It negotiated with many different mortgage service companies, including Countrywide Financial, Citigroup, Washington Mutual and Wells Fargo to create a program that would prevent mortgage rates on […]

Popularity: 97% [?]

4Apr2008 | Justin Kuepper | 0 comments | Continued
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Construction Spending Declines

Construction spending declined for its fifth consecutive month in February, but far less than many analysts expected. The report showed a decline of 0.3% in spending compared to market expectations of around -1% and up from a prior estimate of -1.7%. This is good news for the real estate industry that has been struggling with […]

Popularity: 94% [?]

1Apr2008 | Justin Kuepper | 0 comments | Continued