Steadfast Finances

 Mortgages, Real Estate         2 comments

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According to Deutsche Bank’s research, nearly 50 percent of American homeowners with a mortgage will be underwater by 2011. Pretty scary stuff considering 66% of American’s (or 51.6 million people) have a mortgage on their home.
And you would think we would have this problem solved considering the stock market is …

 Consumer Education, Financial Crisis, Mortgages, Real Estate         No comments

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As I’ve said numerous times, anyone who didn’t see the housing bubble coming was either blind, not paying attention, or simply got caught up in the buying frenzy.
Or perhaps they were affiliated with the National Association of Realtors and just didn’t give a damn because they wanted to cash one more bloated commission …