Latest News in Mortgages and Home Loans- March 09, 2010

Please note it is your responsibility to evaluate the accuracy, completeness and usefulness of any information, opinion or advice contained in the content below.

Buying a Foreclosure? Make Sure the Property Really is Clean
Right now, there is a lot of interest in buying foreclosures. There are still quite a few on the market, even though delinquencies are starting to decline. And it is true that you can get a great deal in many cases. My cousin and his wife bought a foreclosure, and it turned out to be [...]

Reader Question: How Do I Know If I Can Afford a Mortgage Payment?
In this climate, with low home prices and low interest rates (not to mention a tax credit), it is little surprise that first time home buyers are out in force, looking for opportunities. Mortgage applications are on the rise as would-be home owners look for bargains. But the house hunt brings up all new questions [...]

Mortgage Applications Increase
Indeed, if you can, you might be advised to refinance. You can get a shorter term, and save even more money over the long run. I myself plan to refinance this year, looking for a good mortgage rate, and a shorter loan term.

IRS Payment Plan: Do You Still Get a Refund?
As a condition of your installment agreement, any refund that you should receive in the future will be applied against the amount that you owe. In other words, you are not going to receive any money. Instead, the IRS will take it and put it towards what you owe.

Hidden Debt Could Balloon Federal Deficit
We know that the federal deficit is ballooning at a rather scary pace. However, the growing debt that we see is only a part of the picture. There is probably more debt to come as we work to get out of our financial mess, and as the government has to deal with the burdens placed upon it.

AIG Loss of $9 Billion
Insurance giant AIG reported a 2009 fourth-quarter loss of $9 billion, leading to speculation that there is plenty of work to be done on the financial sector front.

U.S. Home Prices Likely to Continue Fall
U.S. home prices are expected to continue to fall through this year, according to Moody’s and Fiserv. There have been recent signs that the housing market is getting ready to move forward, showing improvement, but there are still likely to be plenty of setbacks along the way. As evidenced by January new home sales data, [...]

January New Home Sales Disappoint
The latest information on January new home sales is quite disappointing. Many analysts had been expecting that great mortgage interest rates, along with the home buyer tax credit, would result in an increase in new home sales for the month of January. Unfortunately, this has not been the case.

U.S. Problem Banks Increase ? And So Do Profits
The U.S. continues to see an increasing number of banks considered “problem”. A report from the FDIC for the last quarter of 2009 shows that there were 702 banks on the “troubled” list.

Home Mortgage Delinquencies Starting to Subside
It appears that home mortgage delinquencies are starting to subside, providing some hope that maybe the worst of the housing market crisis really is over.

Tagged:

Recent News on Home Improvement

XML error: mismatched tag at line 178 - This appears to be an HTML webpage, not a feed.

Free Newsletter

Sign up for the free Daily newsletter, filled with tips and ideas on home improvement, home interior design, home loan mortgages, home loan, equity loan, home improvement loan, and more. Your email address will be kept confidential and won't be shared. Easily unsubscribe at any time.

If you enjoy the free information available on this site, you're sure to enjoy the free newsletter as well:

Share and Enjoy:

June 26 2010 08:33 am | Kitchen

Trackback URI | Comments RSS

Own Home Style .com

Interior Design Renovation Loan & Mortgage