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Archive for the 'Real Estate' Category

No More Mortgage and Housing Boom anytime soon. Here's why…

Wednesday, February 17th, 2010

Here are 5 really good reasons you won't see a Housing Boom anytime soon. No More Mortgage crazyness. Housing doesn't look like it has a chance of coming back strong anytime soon. You have problems with negative equity, shadow inventory, and more. It could be many years before housing really starts to recover. And it makes sense, so jump in and see if you agree.

No More Surprises During Closing on Mortgage Loans: New HUD Rules

Thursday, February 11th, 2010

No More Mortgage Surprises During the Closing of your Loan.If it hasn't happened to you, you can almost be sure you know someone it has happened to. That is the costs and fees of your mortgage loan are different when you go to sign your documents than they were the last time you saw your numbers.

Bank: Half of U.S. Mortgages Underwater by 2011

Thursday, August 13th, 2009

NO MORE Mortgage has found a very interesting article about today’s housing market. The last line is very telling.

If the main prediction comes true (see paragraph 3) then there can be no economic recovery until this issue is fixed, and/or the bubble completely bursts.

Read more on Bank: Half of U.S. Mortgages Underwater by 2011…

First housing gain in 34 months

Thursday, July 30th, 2009

NO MORE Mortgage is happy to see the latest home price statistics, but we are cautious that a final bottom has been set. One month does not make a trend. We continue to believe that the current rally, both in home prices and in the stock market, will be tested this fall, and if the indexes are still showing signs of improvement by October, then we can take heart.

Read more on First housing gain in 34 months…



 

 
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