1. Interest only mortgages really get a bad rap when it comgees to talk about home loans. Many financial experts talk about how bad they are because you never gain any equity in the home because you are not paying down the balance. They are right in this conclusion because you are not required to [...]
1. Oil prices are determined by a economic term called supply and demand. Right now in the world the demand for oil is higher than the supply. It’s not that the oil companies are not pumping the oil its that the people of Earth are consuming more than ever. 2. The rest of the world [...]
1. CNN reported today that foreclosure filings are up 120% more in the second quarter of this year than what they were this time last year. It really should come at no surprise to anybody. 2. Right now a lot of people that took out adjustable rate mortgages from 2003-2005 are starting to see their [...]
