An upside to the downturn "We're chasing stuff we definitely wouldn't have done a year ago" It's not the best time to be selling a house in much of the country. But increasingly, it's
2006 Bull Rebuttal Fool.com: Commentary December 29, 2005 I share many of Tim's concerns. The popularity of interest-only mortgages is a condemned house of cards waiting to be razed.read more...
Mortgage woes seen holding U.S. growth below trend (Washington Post) SAN FRANCISCO (Reuters) - A credit crunch stemming from turmoil in the subprime mortgage market will trigger further weakness in housing and keep U.S. economic growth "below trend" most of
Fed planning steps to crack down on shady mortgage lending practices The Federal Reserve is working on new rules to protect people taking out home mortgages from shady lending practices. via KXLY-TV Spokane read more...
Don't raid your 401(k) to pay off mortgage (Baltimore Sun) Gail MarksJarvis -- On the Money Iam a 58-year-old male, and might be losing my job soon. I don't think I will be able to get another decent
New plan bypasses court Your view: do we really lack respect? Home owners will be evicted and rehoused in council "sin bins" if they refuse to stop anti-social behaviour, Tony Blair announced yesterday.read more...
“There is always a risk when considering your property as an investment”
Some home sellers who are having trouble finding buyers are tapping a different market—renters.
With the sluggish real estate market around the country, some folks are trying to ride out the housing slump by hanging on to their homes and finding tenants.
‘We are seeing that happen. I have had people call me to see if they could possibly rent their home because they can’t sell it,’ said Rebecca Fouche of Columbia Property Management. ‘Some owners will have their house on the market, either for sale or for rent, whichever happens first.’ Read more
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