While the popular network news stations would like you to think that the recovery is upon us, and therefore the foreclosures and bankruptcies were going to end… the fact is that foreclosures are still likely to be with us in record proportions for the next few years. Check out this article on reuters. [...]
If you’re thinking about refinancing your current mortgage, you must consider an online mortgage refinance. Various mortgage lenders are presently offering this as a simple option to homeowners who wish to refinance. Receiving quotes from various lenders does not take much time and is convenient. The following tips would help you refinance your mortgage [...]
Do you have $10 million to spend on a house?
In New York, it will not get you this townhouse on East 71st Street. It’s offered for just under $17 million.
In Austin, that same $17 million would buy you just over 92 median priced houses. According to the Austin Chamber website, the median house cost in [...]
Not to add to the bad news about mortgages, but I found an interesting graphic that shows mortgages by State in the United States. The real interesting part of this is that they added a graphic by state of bankruptcies as well for the first half of 2009.
Check it out here.
We all know that the recession has been going on for a while now. And, I think the large majority of people realize that a significant downstream impact of the recession has been a rise in foreclosures. Of course, the impact has tended to be concentrated in several problem states, with the most prominent [...]