(Metal bird houses) Senator gets all up in Alan’s grill
Senator gets all up in Alan’s grill
People are still bustin’ Alan Greenspan for touting adjustable-rate mortgages in particular and “constructive innovation” in home loan financing in general three years ago.
Home sales at second glance
If you’re in the market to buy a house, but you’re not in a hurry, this might be a good time to wait and here’s why.
A “professional market analysis” can prove that a house can be worth several different prices depending on the terms of offer, available financing and the condition of the house.
Home sales drop like a rock
New home sales plummeted in February. If these numbers are accurate, the national real estate market is in more serious trouble than I thought.
Bummer on the ARMs front
A new research report has found that you have a one-in-three chance of losing your house to foreclosure if you got an adjustable-rate mortgage (ARM) that had an initial teaser rate of less than 4 percent.
Spinning subprime stats
When people tell you that restrictions in subprime lending won’t affect the overall real estate market, please be aware that it just isn’t true.
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