first time buyer mortgages
Posted on October 24th, 2011 by admin
With the economic crisis and monetary downfall of 2008, the economy seems to have created separate persona. The Government Reserve implemented a zero monthly interest plan (ZIRP) in Dec 2008, setting a Federal Funds Rate target which is between zero and 0.25 percent or a simple Twenty five basis points. (1) In normal financial conditions, [...]
Posted on September 29th, 2011 by admin
Buying a home is the embodiment of the “American Dream.” For many American citizens, the one biggest success in their life is buying a house that their family members will love for many years. Even though investing in a home is normal routine and simple for some, many first time housebuyers experience important difficulties in [...]
Posted on September 14th, 2011 by admin
Residential real-estate has encountered very hard times since the housing bubble collapsed in 2007. As per the latest Case-Shiller Home Price Index data, the national price index declined almost 6.0 percent year-over-year from June 2010. This is the steepest fall since 2009, when the drop that started in 2007 quickly reversed itself. Many industry experts [...]