The Top 10 Reasons Why We Knew Modified Mortgages Were Not Going To Work

Tuesday, December 9th, 2008

1. Over the past year there has been a big push from the U.S Government and organizations like Hope Now to slow down the amount of foreclosures going on. The goal is to help people stay in their homes and continue making payments to mortgage companies so they don’t go completely broke which most of them [...]

The Top 10 Reasons Why 4.5% 30 Year Mortage Rates Will Not Fix The Housing Crisis

Friday, December 5th, 2008

1. In a article written at CNN today it talked about how the treasury is throwing around the idea of lowering 30 year mortgage rates down to 4.5%. If the Treasury Department steps in and does this it does nothing to fix the down turn in the housing market. The amount of homes on the [...]

The Top 10 Reasons To Not Buy A Home In Michigan Until 2010

Thursday, October 23rd, 2008

1. First off, I really do not think anybody should be buying a home for any reason until 2010. There is nothing stopping home values dropping around the country. What needs to happen first is we need to have a leveling out period. 2. Home prices are expected to drop in the greater Detroit, MI [...]