Tag Archives: lenders
Need a Reason to Make Your Payments? How about – It’s YOUR Mortgage!
The article I’m referrencing from the Wall Street Journal today is by Peter Eavis and shows a chart with a straight line increase in foreclosures from 2006 through the end of the the 3rd quarter, 2009. The percentage of mortgage holders that are 90 days past due is rising at a scary pace – now over 8%! The scary part of that number is not the number but the current direction…
Full StoryGains in Pending Home Sales, Other Markers Help Cut Housing Inventories
It’s now eight consecutive months that pending home sales have made gains nation-wide, the longest streak since we started measuring it in 2001. But as we’ve seen with just about every other positive economic indicator, just because the sun is shining in Texas, doesn’t mean it’s not raining here.
Full Story
