Posts Tagged ‘mortgages’

How Different Mortgages Loan Lengths Work

If and when you decide to become a homeowner, your house will likely be the biggest purchase you ever make, so it’s a good idea to learn all you can about the various mortgage lending options out there. After all, educating yourself about various types of loans is perhaps the best way to keep yourself [...]

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Nation’s Foreclosure Problems Continue Despite Programs

In a detailed report on the current state of the foreclosure crisis in the U.S., msnbc.com examines some of the issues currently troubling America’s real estate market and what these problems could mean for the future.
How the Foreclosure Crisis Started
During the real estate bubble, mortgage lenders eagerly underwrote home loans because credit was easy to [...]

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One Quarter of American Homeowners Underwater

New data released by First American CoreLogic, a real estate data company, indicates that a staggering 23 percent of American home mortgages are “underwater” – that is, the owners owe more money than their property is worth.
By the Numbers
Here’s a closer look at this worrying trend, which some experts reportedly believe could slow the housing [...]

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