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
From the Ashes of “House of Cards Collapsed” Read More »
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
Is it Time to Raise Interest Rates? Read More »