Americans Facing More Inequality, More Debt and Now More Trouble?

Did America’s record-high level of economic inequality in 2007 help cause the financial crisis of 2008? With Americans’ borrowing back on the rise and signs that economic inequality is growing, could there be another financial crisis in the near future? Paul Solman continues his series of reports on US economic inequality.

Falling Home Prices Mean More Hardships For Owners

Falling Home Prices Mean More Hardships For Owners The fallen value of Nancy Logan’s home is making her chances of keeping it seem next to impossible. So the single mom sought an audience with the president of the United States. Read more on ClickOnDetroit

More Borrowers Are Opting for Adjustable-Rate Mortgages – Mortgages

More Borrowers Are Opting for Adjustable-Rate Mortgages – Mortgages This time around, mortgage experts say, lenders are offering more conservative ARM products, without the gimmicky “teaser” rates and features. Read more on New York Times

Emory program makes college more affordable during recession

Emory program makes college more affordable during recession Emory program makes college more affordable during recession Read more on Atlanta Journal-Constitution

Phoenix FHA Home Mortgage With A Shared Well Connected To More Than 4 Homes

David Krushinsky interviews Francisco Botello about his recent purchase of a home in Avondale, AZ. Francisco’s home had 5 homes connected to a shared well. His loan was declined by another lender and he decided to call David Krushinsky. Phoenix Home Mortgage, FHA Shared Well, Phoenix FHA Loans with a Shared Well Connected, David Krushinsky, [...]

More Americans Think Nation Is on the Wrong Track Compared to a Year Ago: Rbc Consumer Outlook Index

More Americans Think Nation Is on the Wrong Track Compared to a Year Ago: Rbc Consumer Outlook Index However, attitudes about the economy, home prices, stock market and investments ticking upwards Jobs are overwhelmingly top concern with midterm elections less than a month away NEW YORK , Oct. 7 /PRNewswire-FirstCall/ – Although Americans’ attitudes about [...]

Minn.’s bank run will cost state $1.6M or more

Minn.’s bank run will cost state $1.6M or more ST. PAUL, Minn. – The line of credit Gov. Tim Pawlenty’s administration set up to keep Minnesota from running short of cash will cost the state nearly $1.6 million even if it’s never used, documents obtained by The Associated Press show. Read more on Minneapolis-St. Paul [...]

More Loan Flexibility Through Home Equity Line Of Credit

Your home is your most valuable asset and also allows you to obtain further home equity loans and credits when you are in urgent need of further loans and credit. When people refer to these loans, they generally refer to the terms ‘home equity loans’ and ‘home equity lines of credit’ interchangeably. Though they may [...]

The age of no more tears investing

The age of no more tears investing Investors lined up around the block last week to get a piece of Johnson & Johnson’s newest debt offerings, even though the yields were small enough to fit on a Q-tip. Ditto for new debt from IBM, Wal-Mart and a host of other investment-grade corporations. Read more on [...]

Mortgage rates: Brokers seeing more refinancing

Mortgage rates: Brokers seeing more refinancing Super-low mortgage rates apparently have gotten the attention of Knoxville homeowners. Read more on Knoxville News Sentinel

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