Unconventional mortgages are on the rise, reaching their highest level in 2018 since the days of the Great Recession back in 2008. But these types of mortgages, which include subprime loans for borrowers with blemished credit records, are not going to cause a repeat of that economic crisis, experts say. While these more risky loans
More Australian Home Owners May Be “Under Water” in 2012
December 29, 2011 by
Real Estate experts expect Australia’s home prices to continue to fall in 2012, and that means more homeowners may find themselves “under water”. Those homeowners who have negative equity, owing more than the original cost of their homes, is still a small percentage, but it is expected to grow as home prices drop. Australia’s real
This Thanksgiving: Workers Thank Good Cop & Bad Cop
November 24, 2011 by
Will Santa even fuel up the sled this Christmas? News from around the world, whether anyone in the US wants to admit it, impacts Americans’ livelihoods. That central fact, however unpleasant, was accentuated and multiplied when Bill Clinton signed into law the NAFTA agreement. Make no mistake, the course President George H. W. Bush set in motion, and his son George W. Bush’s shenanigans. Today, all workers should give thanks to those who have made their lives better.
