Archive for April, 2008
Sunday, April 27th, 2008
Warren Graham asked: Some months ago, I wrote an article (published on this site) entitled "A Sub-Prime Economy" and I urge anyone reading the following piece to revisit that material, both to see what was wrong about it, and what was right. In it, I predicted that the ...
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Friday, April 25th, 2008
rseverclear asked: I am in the early stages of the build process I already have land and am looking at different house plans. I was approved for one loan for a house that I didnt get because of its size. So now I am going to build. ...
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Thursday, April 24th, 2008
Kinan Beck asked: "If you’ve been paying attention to the real estate market over the last couple of years, you’ve probably heard the term “sub-prime mortgage bust”. You might even have a vague idea that this is a current real estate problem which is causing problems in the American economy. ...
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Wednesday, April 23rd, 2008
Peter Kenny asked: There has been a lot of talk in the news lately about sub-prime mortgages and how they are affecting the housing market as well as some of the other economic sectors. Many consumers may be wondering just what are sub-prime mortgages. It is a fair question to ...
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Wednesday, April 23rd, 2008
Latoya B asked: "have any one been successful in getting out of a sub prime mortgage deal or know of any programs?Barbara
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Tuesday, April 22nd, 2008
allcharm97 asked: I keep reading about credit spreads causing havoc on the US markets. Bank stocks are getting hit, hedge funds are closing. Can someone explain why the sub prime market can have this impact on everything??Kimberly
Posted in mortgage | 4 Comments »
Monday, April 21st, 2008
Kelly asked: I am wanting to buy my first home and the home i found needs work. I want to take a home equity loan out to make the repairs but i dont know what kind of time frame i will be looking at to get one. Any ...
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Sunday, April 20th, 2008
Mark B asked: I hear Bush vetoed bills that caused our economy to slow down, name the bills the the dems proposed tho stimulate the economy,lower fuel prices by possilbly drilling here?. Also name the bills the Bush vetoed to cause the sub-prime mess?.Fuel prices killed our economy and the ...
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Sunday, April 20th, 2008
Ajeet Khurana asked: If you have listened to the radio, read a newspaper, talked to friends and family, or even gotten on the internet over the last six months you have undoubtedly heard about sub prime loans. These loans have been made to a lot of people over the ...
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Saturday, April 19th, 2008
Overt Operative asked: America's leading sub-prime lender is in bankruptcy and others are not far behind.
Sub-prime lenders provide variable rate mortgages to people who wouldn't otherwise qualify for a home loan. These loans account for 20% of the homes sold in the already troubled housing market.
With rising interest rates, the ...
Posted in mortgage | 8 Comments »