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More Americans think it's a bad time to buy a homeThe share of Americans who think it is a good time to buy a home just dropped sharply, according to a December survey from mortgage giant Fannie Mae. Higher mortgage rates and higher home prices are likely to blame. In the past 12 months, US stocks markets had two corrections. Now, US housing markets are about to have a similar correction. Make no mistake, the GOPTaxScam has virtually eliminated any hope that the government can slow down a recession. TrumpResign Housing prices are crazy. Little 3/2s are selling for over $250,000 in Port St Lucie Fl. Salaries just cant keep pace. Rents are even worse. I dont know how families are able to make a go of it. I know its worse in other places. Scary times.
Source: CNBC - 🏆 12. / 72 Read more »
Opinion | Student loans are a mortgage on your future, but no one is educating borrowersOpinion | Walter Myers III: Student loans are a mortgage on your future, but no one is educating borrowers. - NBCNewsTHINK NBCNightlyNews WE DONT NEED MORE EDUCATED BORROWERS WE NEED LAWS TO PROTECT PEOPLE FROM PREDATORY LENDERS!!!!! ChrisMurphyCT -see what I mean?! -EXPLOITATION!!!! NBCNightlyNews It is insane to charge people money to learn NBCNightlyNews The student debt crisis started with government trying to address perceived education insufficiency. Let’s have government address the problem that didn’t exist before they insisted it did and the one they created while trying to solve it! What could go wrong?
Source: NBCNews - 🏆 10. / 86 Read more »
IRS Reopens Key Program for Mortgage LoansThe Trump administration last week revived a program that is key to home lending, after the mortgage industry said its closure during the partial government shutdown could have forced lenders to delay or scrap loan closings. The IRS cashed my tax payment check in three days, shut down my ass? Wait. Why do they get special treatment? depression waiting on a program to clean up the Making Homes Affordable SCAM. Where is the relief ? Does the government plan to JUMP in. Us homeowner NEED and DEMAND relief of this FRAUD that has been dropped on us. GOVERNMENT & politicians NEED TO ACT NOW.
Source: WSJ - 🏆 98. / 63 Read more »