If you are a landlord, then protecting your business will be of optimum importance for you. Getting the most suitable insurance for rented property is not always just a case of grabbing the insurance offered by your mortgage lender. When you take insurance out you are covering your business and of course want the most [...]
Or, to put it more simply, “why I have no sympathy for people who have had their homes foreclosed as a result of the sub-prime mess.” Now, a lot of digital ink has been spent writing about the current financial state of the United States.
Everyone is blaming everyone else for their problems and not taking [...]
Figures from the Bank of England show that mortgage approvals for buying homes were down again in November. Home buyer mortgage approvals numbered just 83,000 for the month, down from 89,000 in October, and the lowest figure since the beginning of 2005.
The reduction in approvals suggests that the housing market slowdown is likely to continue [...]
Zero-down-payment home loans are soon becoming a thing of the past, especially in Minneapolis, where the mortgage loan market has been flagged as a declining market. Low and zero-down home loans have been instrumental in getting low and moderate income families their first homes. Those families looking to get home loans in and around Minneapolis [...]
The Baltimore Sun has an interesting article on the potential and very likely housing bubble burst. It talks about how Fannie Mae and Freddie Mac are both backed by U.S. tax dollars and taxpayers will be left with the bill when the bubble bursts. Fannie Mae and Freddie Mac back more than $4 trillion in [...]