Back in 2010 I wrote an article on this blog titled Should You Refinance Your Mortgage? At that time, the state of housing was in total disarray all across the country, so I only addressed the monetary part of it. Kevin Dooley via Compfight In one regard, it seems like it could make sense. If […]

Across the world, mortgage interest rates are at a record low, nearly the same as twenty years ago. For many people, this is a good chance to refinance the mortgage and take advantage of the new rates to pay off some undesired expenses that have been lingering around in the background. If you’re considering refinancing […]

If ever there was an obvious headline, the one above is it. The housing industry is in trouble, and it doesn’t look like there’s going to be a fix any time soon. So what’s going on? We’ll start with the news that existing home sales are at their lowest level in 15 years, down 27% […]

Mortgage rates vary depending on the type of loan you obtain and for how long you are borrowing it. The rate also differs from one lender to another. When you plan to obtain a home loan, you must shop around and compare the monthly mortgage payments and total interest on different loans with the help […]

An article on the Wall Street Journal website titled Debt-Cutting Will Slow Global Growth prophesized that debt cutting efforts by the United States and other countries, and by all the consumers, will slow economic growth for many years, which wouldn’t be a good thing for most economies. It’s an interesting premise, and it makes a […]

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