THIS CHANGES EVERYTHING!!! By LYNNLEY BROWNING – Published: February 17, 2011 STARTING April 1, under a new compensation rule from the Federal Reserve, borrowers who get their...
Tag Archives: is now a good time to invest in real estate
Mortgages in foreclosure process hit record
Kathleen M. Howley, Bloomberg News – Friday, February 18, 2011 A record share of U.S. mortgages were in the foreclosure process at the end of 2010, matching the all-time high, as...
ARMs helped sink the economy – now they’re back!
NEW YORK (CNNMoney) — Adjustable rate mortgages are back! After accounting for nearly 70% of all mortgages issued during the boom, ARMs vanished during the bust, totaling just 3%...
Should I pay off my Mortgage? CNN Money
By Lisa Gibbs, Money MagazineFebruary 23, 2011: 4:46 PM ET (MONEY Magazine) — When there was easy money to be made in real estate and stocks, mortgage debt seemed like nothing to...
AP analysis: Foreclosures raise US economic stress
By MIKE SCHNEIDER and MARTIN CRUTSINGER, Associated Press (02-08) 07:57 PST (AP) – The nation’s economic stress inched up in December because higher foreclosures outweighed...