Subprime Loans
Subprime Mortgage Lenders are in financial trouble because too many customers are defaulting on their loans. KRON4’s Maureen Kelly finds that one former customer of one subprime lender was talked into a loan she couldn’t afford.
Demand for US mortgage applications was unchanged during the Christmas holiday week, holding the highest levels in more than five years with loan rates near record lows, an industry group said on Wednesday.
Insightful Analysis and Commentary for US and Global Equity Investors.
Readers of this blog said in September that fixed mortgage rates would drop below 5%, and that is exactly what happened. Earlier this month, a consumer with good credit and…
Interest and pressure groups put out garbage masquerading as useful research on a daily basis; it’s the job of the press to recongnise it as such and ignore it.