U.S. dollar still rules, but debt level a risk: S&P
Thursday, March 17th, 2011The U.S. dollar is still the most important world currency, Standard & Poor’s said on Thursday, but added that rising levels of U.S. debt and dependence on foreigners to finance much of pose risks to the currency’s primacy.
A Surprise Tax Hit on Foreclosures
Wednesday, March 16th, 2011For People Who Lose or Walk Away From Their Homes, A Big Tax Bill May Loom.
Mortgage Rates Stay Low, But So Does Loan Demand
Wednesday, March 16th, 2011Can anyone say “tax-credit-induced hangover”? Mortgage rates are still near 50 year lows, but demand for new-purchase mortgages fell for the fourth straight week to a new 13-year low, according to the Mortgage Bankers Association.
1.5+ Million Non-Business Bankruptcy Filings in Fiscal 2010, 14% Increase
Sunday, March 13th, 2011CNNMoney reports Bankruptcy filings jump 14% in 2010 In the federal government’s fiscal year 2010, which ended September 30, more than 1.5 million non-business bankruptcy filings were processed, according to data released Monday by the Administrative Office of the U.S. Courts. That’s up more than 14% from fiscal 2009, when about 1.3 million personal bankruptcies [...]
Save Money By Paying More On Your Mortgage
Sunday, March 13th, 2011Buying a home is everyone’s dream, and it’s very common for people to take on 30-year loans to make that dream come true. Taking on 360 months worth of payments requires a large commitment, especially since most of the money you pay in the beginning is going toward interest.
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