As part of the Housing and Economic Recovery Act of 2008, the IRS authorizes a deduction of up to $7,500 for qualified first-time homebuyers.
What does that mean? Read on for an explanation.
The Federal Reserve rolled out a new calculator allowing consumers to calculate mortgage payments for a variety of mortgage products, including adjustable-rate mortgages, interest-only loans, and...
This is an interesting article from the Wall Street Journal about mortgage foreclosure fraud. What is especially extraordinary is how easy it is to perpetrate.
A Blogger calling himself Captain Capitalism has put together a short cartoon that explains the mortgage mess. From what I can tell he's an economics professor at a university in Minnesota.
I took a look at the recent data from the National Association of Realtors and put together a few graphs. They show that home sales have fallen sharply, inventories are up pretty dramatically, but...
It's confirmed. The United States of America has suffered the largest home price decline in the western world over the last two years. The Economist provided a house price index which....
Take a look at the data below and tell me if all of the sub-prime talk really makes sense. I suspect that savvy investors are seeing through the hype and are already taking positions to profit...
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