Posts Tagged "collapse"

How did the real estate business collapse?

on Dec 24, 2012 in HARP Refinance | 1 comment

by marsmet526 Question by JacobG: How much more should an APR be than the base mortgage rate? What is a typical spread for the base mortgage rate to APR for a jumbo mortgage? I am applying for a 30-year fixed jumbo FHA loan and was quotes a mortgage rate of 5% but with an APR of 5.69%. Is that spread typical (i.e. 0.69% more)? Best answer: Answer by Itchy1977not that simple I’m afraid. APR is an incredibly complex equation to take into account compounded interest and any hidden charges. The flat rate is the actual interest rate. APR is simply for comparing the overall cost between lenders. It actually bears no resemblance to the rate you pay. What do you think? Answer below! Taxability of income from reverse mortgage There is a flow of money that is coming to the senior citizen from the reverse mortgage transaction each month. The question now is the nature of this flow because if this is considered as income then there could be the question of tax having to be … If you would like more informaiton please visit here… Christmas on any size budget can sparkle While middle- and upper-income households are benefiting from rising home prices, viagra 60mg refinancing and have been able to get ahead of their debt, troche lower-income and younger households continue to be crippled by student loans, have less access to credit and … For more informaiton please visit here… For Many Poor Students, Leap to College Ends in a Hard Fall “It's becoming increasingly unlikely that a low-income student, no matter how intrinsically bright, moves up the socioeconomic ladder,” said Sean Reardon, a sociologist at Stanford. “What we're talking about is a threat to the … Angelica hid behind … If you would like more informaiton please visit here… ROI Canadian High Income Mortgage Fund, ROI Canadian Mortgage Income … ROI Canadian High Income Mortgage Fund repurchased 1,310,780 Class A units representing approximately 2.50% of its initial public float and, cumulatively with the Class A units repurchased on December 7, 2012, has now repurchased 5,737,180 Class A … For more informaiton please visit here… Question by Marian: How did the real estate business collapse? How many billionaires were involved in this scam? When & what year will this recover? Best answer: Answer by kemperkin college classes on economics, sildenafil we learn two critical terms; micro and macro economics. that means, local and Nationwide. RE did not collapse everywhere but in parts of many cities and states. Thus, your query, collapse, is accurate only in the micro sense; only certain city’s RE fell heavily………..in some cities, no RE fell. How many billionaires were involved? Few. Much of it occurred because speculators in CA or a few other states, got pinched with high gas prices and stopped buying RE. Also, unfortunately, the speculators forced prices up ARTIFICIALLY. By this summer when things will bottom out, prices will not be LOW, but actually, where they were 10 yrs ago, before the artificially High prices started. I know, factually, in 3-7 yrs, based on where a person lives, RE prices will be where they were 2 yrs ago. IT is a researchable roller coaster. But it always ends higher except where political injection or land harm occurs. What do you think? Answer below! How did the real estate business...

Read More