Archive for January, 2009
Declining Mortgage Rates Helps Foreclosure Prevention But Not Home SalesJanuary 12th, 2009
The mortgage interest rates provided by Freddie Mac are presently at their lowest in years. This trend has been a good opportunity for homeowners who are facing foreclosure to take … More >>
Obama Administration Expected to Address Foreclosure CrisisJanuary 10th, 2009
The economic difficulty that the country has been experiencing is mainly attributed to the foreclosure crisis. Now that the country has a new president, the housing problem is expected to … More >>
Foreclosures Now Taking OverJanuary 9th, 2009
Foreclosures rise every month. In fact, December had the highest foreclosure rate More >>
Obama Proposes $300 Billion Tax Cuts to Help Ease ForeclosureJanuary 7th, 2009
President-elect Barack Obama started a campaign addressed to the Congress involving $300 billion tax cuts for many struggling individuals and business. With the worsening economy side by … More >>
Did Home Foreclosure Rates Predict the Next President?January 6th, 2009
As President-Elect Obama prepares to take control of the country, he inherits one of the biggest economic and real-estate crisis's this country has seen since the Great Depression. As home … More >>
Homeowners with Reworked Mortgages Still End Up with ForeclosuresJanuary 6th, 2009
Troubled mortgages were subjected to modification programs early this year in a bid to stem the rising tide of foreclosures. It proved favorable for some time, but after only 6 months, … More >>
Economic Crisis Leaving More People HomelessJanuary 5th, 2009
As the economy makes its way down the drain, more and more individuals are being threatened by the lack of food supplies. Even worse, with a lot foreclosures going on, more families are … More >>
