Will Zero Percent Interest Rates Force Older Homeowners Into Reverse Mortgages?

I can honestly say that the current state of the housing market in the U.S. is unlike anything we’ve ever seen in it’s history. Though the Federal Reserve has implemented one round of money printing after another, with unprecedented amounts of cash going to help bolster the secondary mortgage market, housing is still barely conscious

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The Economy, Monkey See, Monkey Do, and You

The stock market plummets over 500 points, mortgage fraud, worldwide economies on the brink of chaos, jobless rate stagnant, huge corporations felling whole rainforests – global meltdown imminent. Isn’t it about time someone sound the fire alarm? I mean, we are taught not to bust the glass and pull the red lever in grade school, that is, unless there is smoke – but markets are billowing smoke these days?

The Worst Housing Crisis in History – Official

If you’re a realtor or you work in real estate in some other capacity, then you might be forgiven for thinking that the state of housing markets couldn’t get any worse than it is now. Well guess what? Officially, housing markets are in the worst shape they’ve ever been, so don’t underestimate your pessimism too

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What One Million Foreclosures Really Means

With the announcement that 2010 was another record year for foreclosures, how long will it take for the reality of this economy to sink in? Experts predict 2011 will be no better as up to 1.2 more millions of homes will hit the auction block this year. Is it time for a New Deal? The national debt is staggering, and the job market show little sign of improving. Some say drastic action is needed.

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