New Rules for the Shrinking Middle Class
Click on the title to link. This is a good article on the effects of this recession on the middle class. The bottom line? This recession will be a transformation for the middle class. It is not business as usual, but business as never before. Read on…
More Problems With Mortgage “Relief”
Click on the title to link to this article.
Click on the title to link to this article about how foreclosure programs targeted to save borrowers are failing.
Home Sales Slide at 40 Year High
Click on the title to link. There is also an associated video you can view that, for some reason, we could not embed.
FHA Increasing Fees
Click on the title to link. The news just gets better and better. HUD announced today that it is going to raise the upfront Mortgage Insurance Premium (MIP) from 1.75% of the loan amount to 2.25% sometime this spring/summer. Although this amount is rolled into the loan and is not a direct cost out of your […]