ARCHIVED BLOG POSTS
FDIC Proposes to Guarantee 2.2 Million Modified Loans The idea is to help borrowers with weak credit or small down payments. Borrowers would get lowered interest rates or longer loan terms to lower payments. This program can last for a period of time, giving owners some breathing room. The progr...
National Association of Realtors in Orlando Lawrence Yun, economist for NAR at the Orlando conference notes that the depth of the current recession depends on the housing market’s recovery, and that will depend on stabilizing prices and inventory absorptions Home sales showed their first increa...