The construction industry is a good indicator of the national economy because people and businesses only decide to build when they believe they will have the income and resources to afford it. Although some companies will have the need to expand more quickly than the national average, including popular coffee chain Starbucks’, the overall level […]
Construction Spending Jumps Read More »
H.A.R.P. Government Mortgage Refinance Program It’s been nearly four years since the original version of the Home Affordable Refinance Program (HARP) was announced by the White House and the Federal Housing Finance Agency (FHFA). HARP is part of an Obama administration initiative to bring stability to the U.S. housing market by helping homeowners avoid foreclosure.
How Successful is the HARP Government Mortgage Refinance Program? Read More »
These days very few people can afford to buy a house for cash. So, if you’re looking to purchase a new home, you’re probably planning on getting a mortgage. Obviously, that requires you to pay additional interest to the bank, adding thousands of dollars to the purchase price. By making some smart choices before you
Get A Lower Interest Rate on Your Mortgage Read More »
Refinancing your home mortgage to a lower rate will not only reduce your monthly payments, it will also significantly reduce your overall debt burden. One percentage point in interest rates can add up to many thousands of dollars in savings in interest payments. In fact, most people find that when they reduce their interest rates
Refinancing Your Home Mortgage Read More »
Editor’s Note: Today we are presenting a unique article on Real Estate in India. In the past we have covered Housing and Real Estate in general, Mortgages, Home Owners Insurance, refinancing, foreclosure, Overseas Investing and Dubai Real Estate Market Trends. Over the last few days I’ve been locked in a room with HGTV and watched several episodes of House Hunters International. So
Prices of Real Estate in Chandigarh India are Surging! Read More »
What if I Need to Sell My House Quickly? There are times when it is a “seller’s market” and homes sell quickly. This is not one of them. With all the foreclosures on the market, buyers have an abundance of houses to choose from. Some markets have houses that are selling for literally half of
Sell My House Quickly Read More »
During the first few years of the new Millennium, Real Estate Investing was all the rage. People believed that housing prices only went up and never down. Real Estate was seen as the easy road to riches, courses and seminars on real estate investing were everywhere. They taught that the key was to mortgage everything
Guide to Real Estate Investing Read More »
Current FED Policy Doesn’t Make Sense Could the FED really think that low interest rates are good for savers? Is housing really a vehicle for saving? Is it a good idea to use your home equity as an ATM machine? Should the government be stimulating housing production with a 30% to 50% oversupply already on the
Is Bernanke Stuck in a Housing Time Warp? Read More »
Harry Truman in a fit of exasperation over the advice he was getting from his economic adviser said that what he really needed was a one-handed economist. This stems from a tendency of economic analysis to offer alternatives simultaneously, creating an “on the one hand, this and on the other hand, that” outlook on a
Housing Needs a One Handed Economist Read More »
