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The titles include Flipping Houses for Dummies in 2006, Foreclosure Investing for Dummies in 2007 and Foreclosure Self-Defense for Dummies in 2008. And they all are from the same author.
I thought they would learn. Apparently not. A new practice is gaining traction that helps people boost their credit score to get a loan, they shouldn't have. And guess what kind of loan?...
From NY Times article: "Not since the Depression has a larger share of Americans owed more on their homes than they are worth. With the collapse of the housing boom, nearly 8.8 million...
Banks bad record keeping is coming back to haunt them. Unable to produce the original mortgage note, courts are not allowing banks to foreclose on homes. This is especially true of the 19% of...
With their homes dropping below what they paid and the interest on their mortgages rising, many homeowners are opting to walk-away from their homes and let the bank foreclose. They are willing to...
Boston's Federal Reserve President Eric Rosengren said in a speech in Hartford that the current real estate downturn could be the longest one in the last 50 years, and risk pushing the country into...
The experts never said that housing prices would come down. Now listen to what they are saying. This time I fear they are correct. There will be more real estate pain ahead before things get...
Just two years ago experts were saying you were crazy if you rented versus bought a home. My how the times have changed.
The real estate wows continue to pile up. Freddie Mac reported a loss of 2 billion for the third quarter, or nearly 7% of...
Ken Rosen, a real estate economist says housing market is the worst since the great depression. Sales and prices falling and no end in sight. He thinks there is a 45% of a general recession.
The bad news continues for housing. If you need buy you might want to wait. Prices are still coming down and probably will be for quite some time.
Countrywide will report earnings on Friday and what they report will help to further understand the impact of the credit crunch. Countrywide has decreaded its lending 40% since the crunch began.
Looking to spruce up your house and get it ready for a sale. Think about wood floors, at least in the Northeast.
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BestCashCow provides rates and information on a wide range of financial products - savings accounts, CDs, credit cards, and more. - as well as financial information gathered from across the Web.
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Type
|
Rate
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Institution
|
|
4.01%
|
Everbank
|
|
|
2.57%
|
Dreyfus
|
|
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~4.00- 12.00%
|
Various brokerages
|
|
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3.35%
|
GMAC Bank
|
|
|
4.00%
|
IndyMac
|
|
|
4.25%
|
IndyMac
|
|
|
4.50%
|
Wachovia Bank
|
|
|
5.00%
|
Wachovia Bank
|
|
|
4.84%
|
US Treasury
|
|
|
4.00%
|
Federal Home Loan Bank (state and local tax exempt)
|
|
|
3.32%
|
Northrop Grumman FCU
|
|
|
3.90%
|
Alliant CU
|
|
|
4.08%
|
Self-Help CU
|
|
|
4.44%
|
Self-Help CU
|
|
|
2.00%
|
Various brokerages
|
|
|
2.28%
|
Various brokerages
|
|
|
3.04%
|
Various brokerages
|
|
|
3.68%
|
Various brokerages
|
|
|
4.21%
|
Various brokerages
|
See more product and rate information
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