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If you’d asked a novice forex trader before the subprime meltdown in 2007, if there was an obvious correlation between volatility in the American mortgage market and currency rates, you may have received a puzzled look. Since then, people’s recognition of the words “Credit Default Swap” has expanded exponentially; even if they don’t necessary know [...]
I live in one of the more stable housing markets in the country. These days stable pretty much means that the value of housing in this area isn’t falling. The rate of foreclosures are higher than normal, but not close to the number other states are dealing with. by Roger Wollstadt via Flickr However, even [...]
Buying a home is one of the largest financial decisions a person can make. The process of looking for the perfect home, saving up for a down payment, and finding the right lender who can give you the best interest rate takes a huge amount of time and discipline to make sure that you are [...]
Last week a study came out saying that 61% of people asked still believe that they want to buy a home and that they see it as a great investment. I hate to bring people down, especially since I’d love to see the housing market recover, but that’s just not reality. by James Thompson via [...]
A new study came out recently that said many people are still interested in buying and owning a home, even with all the mess that’s been the housing market over the past few years. Of course, there are a lot of great deals in many states so it makes buying attractive. Still, one has to [...]
Foreclosures are still hot and heavy, although they’ve started to slow down in some areas that have been hard hit. The reason they’ve slowed is because at some point there could only be so many homes left that could be foreclosed upon; it’s certainly not that the economy has improved all that much. The strange [...]
Housing has been in trouble for a few years now, and the numbers have started looking a little bit better lately. However, just as the figures from when the housing problems actually began might be fudged just a little bit, it seems that some of the latest housing figures might not really be telling the [...]
