Tag Archives: economic uncertainties

What Housing Recovery?

I’m watching CNBC right now. A financial analyst said we are at least three years away from an appreciation in housing prices and a demand for new housing that causes new construction and a boost in construction jobs. Mortgage interest … Continue reading

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Mortgage Rates Are At Their Lowest Levels In 60 Years

This is small comfort to those unable to get a mortgage loan due to the dramatic run-up in lending standards. The private sector reacts quickly to market conditions. By contrast, government programs are a lumbering elephant. News report: With mortgage … Continue reading

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