Category Archives: Debt Consolidation

Economist Thomas Sowell Examines The Housing Boom & Crash

I’m reading this new book by economist Thomas Sowell — The Housing Boom and Bust. Read On For more than a decade, US newspapers have editorialized that banks are more conservative than they should be about lending money to blacks. … Continue reading

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A Refinance On A First Mortgage Will Typically Cost You $2,000 To $4,000

Those are upfront fees. It’s usually not a good idea to refinance your mortgage to pay off student loans. Such loans have a lot of flexibility and fewer penalties than other types of loans. If you can get a Home … Continue reading

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Corporate Loan Default Rising To Level Of Great Depression

Angelo Mozillo in 2007 noted that the mortgage market was seeing defaults at a rate not seen since the Great Depression. This remark was the first official announcement of our mortgage meltdown and Countrywide stock went in the toilet. This … Continue reading

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Where’s The Next Front For The Credit Crisis?

From Bloomberg: California Governor Arnold Schwarzenegger says his and other states may need emergency federal loans as funding dries up. Bernanke announced new moves today aimed at easing the lending crunch. The Fed will double its auctions of cash to … Continue reading

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A Few Thoughts On Debt Consolidation

Here are some home mortgage tips from scienceinquiry.com: Debt consolidation is another way of saying getting a loan. Usually this will be a secured loan. In this case the lender can guarantee with a valuable property like a house. In … Continue reading

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Can Debt Consolidation Help You?

Debt consolidation. It’s a great paying term in Google’s Adsense. So I thought I’d say a few words. Or, rather, point to a few tips: Here are some home mortgage tips from scienceinquiry.com: When you are in debt it is … Continue reading

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