All Posts Tagged With: "1981"
Can “Equity Sharing” Prevent Foreclosures?
In the coming two years option ARMs worth $134 billion will be re-cast according to Fitch Ratings. This means more than 500,000 borrowers are likely to face steeply higher monthly costs, costs which in many cases will lead to foreclosure. It doesn’t have to be this way. Stop foreclosures and you can stop the widespread [...]
11Jan2010 | Peter G. Miller | 1 comment | Continued
What Happens To Home Sales If Mortgage Rates Rise?
Interest rates reflect the cost of money nationwide — but real estate values are established locally. If you look at the question in general terms, higher interest rates mean larger monthly payments, high monthly payments mean a smaller pool of buyers, so in theory home prices should remain steady, rise less or even decline. But [...]
16Dec2008 | Peter G. Miller | 0 comments | Continued
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