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Thu, 02 Sep 2010 18:06:29 EDT
For the growing number of struggling homeowners in this country, more help is on the way. Additional aid from the federal government will begin making its way to them next month -- one program would help qualified homeowners refinance their mortgages after seeing their property values fall below the amount they owe, and the other includes another round of funding to help the unemployed or underemployed with their payments.  |
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Tue, 07 Sep 2010 05:52:36 EDT
The government has bailed out Wall Street firms, giant banks, creditors of Fannie Mae and Freddie Mac -- and is trying to bail out people who've defaulted or are about to default on their mortgages. But let's say you're a hardworking family that has done nothing wrong except buy a home when the housing bubble was at its peak a few years ago. Your mortgage is now way underwater, but you're still making payments because you want to stay in your home -- and you're actually honorable. You're paying for everyone else's bailout, but because you have no equity in your house, you can't refinance to take advantage of the ultra-low mortgage rates that Uncle Sam's bailout strategy has produced. To use the technical term, you're being screwed.  |
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Tue, 31 Aug 2010 09:53:31 EDT
Despite a recent spate of bad news coming out of the housing industry, home prices show signs of stabilizing.  |
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Thu, 02 Sep 2010 15:18:50 EDT
1. Loyalty is overrated  |
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Wed, 27 Jan 2010 07:56:19 EST
Don't say we didn't warn you.  |
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Thu, 05 Mar 2009 12:34:34 EST
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Mon, 30 Aug 2010 07:21:32 EDT
Remember how everyone complained that banks weren't doing enough to help troubled borrowers?  |
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Fri, 27 Aug 2010 11:50:46 EDT
Home improvement is one of the fastest-growing segments of e-commerce. But the consequences of a bad decision when it comes to finding a contractor or remodeling products online are far worse than buying the wrong paperback.  |
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Thu, 26 Aug 2010 12:33:30 EDT
The American home is shrinking. Toll the bell for the McMansion.  |
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Thu, 26 Aug 2010 13:31:31 EDT
Fewer mortgage borrowers are delinquent on their loan payments, according to the latest data from the Mortgage Bankers Association.  |
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Wed, 25 Aug 2010 08:57:25 EDT
Plenty of forces, from overly cautious lenders to inaccurate appraisals, are wrecking real estate deals right now. But one of the biggest roadblocks to getting a house sold these days is the disconnect between buyers and sellers.  |
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Wed, 25 Aug 2010 12:46:34 EDT
Stop me if you've heard this before. The housing market is still in shambles.  |
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Wed, 25 Aug 2010 11:34:36 EDT
New home sales unexpectedly fell in July to the lowest level on record as the housing market continued to suffer from the end of the homebuyer tax credit boost.  |
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Wed, 25 Aug 2010 10:49:12 EDT
Homebuilder Toll Brothers made a profit last quarter -- its first in three years. And it largely has Uncle Sam's tax credits to thank for it.  |
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Mon, 23 Aug 2010 15:22:28 EDT
Would you be willing to pay the original builder a fee when you resell your home? That's an obligation some developers are trying to slap on homeowners in their communities.  |