Article of the Day: Jumbo Mortgage Rates Too High Compared To Non-Jumbo Mortgage Rates

Housing Economic Recovery Act of 2008 No Help For Consumers

The Housing Economic Recovery Act of 2008 became law today and I am sad to say it will offer no help to consumers, home owners, or foreclosure victims. As with most political solutions to economic events, the new law has more bark than bite.
In an interview on Bloomberg (see video below), Thomas Atteberry [...]

House Foreclosure Numbers Worsen in May

House foreclosure activity is getting worse and the recently released numbers for May prove it. House foreclosure filings are actually increasing when calculated year over year for 29 consecutive months ending in May 2008 according to RealtyTrac.
The report also listed the following house foreclosure stats:
- 1 in 483 homes received a foreclosure notice [...]

Home Equity Sinks To Record Low Triggering More Foreclosures

Home price declines are now so severe they have erased all home equity for more Americans than ever before. Home equity numbers have been recorded starting at the end of World War II and are now at there lowest level in history. For many home owners, their mortgage debt actually exceeds their [...]

Short Sale Foreclosure - How To Save Your Home

If you are needing to save your home, our “short sale foreclosure” method could be the ticket. If you are in an area where dropping home values are prevalent, then definitely keep reading about our short sale foreclosure way to save your home.
Here’s how it works to save your home from foreclosure…
One option [...]


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