The Experts You Can Trust
Outstanding student loans in the U.S. are now close to $1 trillion, this according to the latest report of Bloomberg. “As outstanding student debt approaches $1 trillion, it’s one more reason record-low interest rates aren’t doing more to boost housing,” said Bob Willis of Bloomberg. In a press statement, William E. Brewer, Jr., president of …
College Loans Hurt Potential First-time Homebuyers Read More »
Based on the data of CoreLogic – a leading provider of real estate information and analytics, close to 50,000 homes in Maryland have been foreclosed since 2006. Since January 2006 – the last days of the U.S. housing bubble, about 49, 600 homes in Maryland have been foreclosed by banks or mortgage servicers. This means …
About 50,000 Maryland Homes have been Foreclosed Since 2006 Read More »
During his recent State of the Union address, President Obama said these are the facts: “In 2008, the house of cards collapsed. We learned that mortgages had been sold to people who couldn’t afford or understand them.” President Obama proposed a plan that would give responsible homeowners an opportunity to refinance their mortgages. As mortgage …
There is lots of talk and thoughts and ideas on how to turn the US housing market around. It is a complicated issue with lots of moving parts. Some of them like the robosigning issue has us all just sitting and waiting to see what will happen. It’s been a year on that one and …