Who Should Get A 4.5% Home Loan?
Yesterday information was released that the Treasury Department has plans to try and drive interest rates down to 4.5%. This sounds like a great idea on the surface, but who will actually get the opportunity to benefit from this is a different story. Furthermore does this actually address the problem facing the housing crisis or [...]
Homes or Autos Who Deserve Money First?
Tomorrow starts a fresh day on capitol hill and it’s widely expected to bring a fresh set of bailout talk. Congress is about to begin debating a bailout for the big 3 automakers, Ford, GM, and Chrysler. Clearly there’s a need for funds to keep the cash strapped companies from closing their doors, but should [...]
Stop Your Home Values Freefall
Home values have fallen dramatically and they continue to slide further and further south. If you own a home, there is no doubt that you’ve felt this drop in equity. One of the biggest reasons for the massive decline in home values is due to record levels of foreclosures. Until the foreclosure problem is solved, [...]
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