All Entries in the "Real Estate" Category
Thank You, Yahoo!, for Perpetuating the Use of Home Equity as Cash
I don’t usually pay much attention to the junk mail that I regularly get, but I received an email from Yahoo! Real Estate that had the subject: Use Home Equity to Finance Your Next Big Dream. With a subject like that, I just had to take a look. Clearly, we are all aware of the [...]
Is Generation X Responsible for the Real Estate and Mortgage Problems?
I came across an interesting article from ABC News (Australian Broadcasting Corporation) that discusses the current housing crisis and breaks down what type of person or family is affected the most. Their focus is more on the affordability of housing and rent and not so much on the declining real estate prices here in the [...]
The Fed Endorses Plan to Curb Shady Mortgages
On Tuesday the Fed moved one step in the right direction towards reducing the shady lending practices that have put this country in a difficult situation. If you haven’t heard, the real estate market and financial sector has been in a lot of trouble recently due to some questionable lending practices combined with consumer greed. [...]
Santa Isn’t Coming This Christmas Because There Isn’t Any Home Equity to Tap Into
If this article at CNN doesn’t illustrate how screwed up people are when it comes to money, I don’t know what does. I keep hearing the argument that mortgage brokers are evil and have caused this real estate mess, and while that may be true, for every bad broker, there are just as many cases [...]
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