Mortgage
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10 years after the financial crisis, is the housing market still at risk?
In 2018 it will be exactly 10 years since the bankruptcy of Lehman Brothers, which sparked the outbreak of the largest post-war global financial and economic crisis, which was the aftermath of a bubble burst on the US real estate market. On the occasion of the round anniversary of this event, the subject of the likelihood of…
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American mortgages and home loans: A foreigner’s guide
One of the most attractive for work and living countries of the world is the United States of America. Is it possible to settle here for a visitor, get a loan to buy a home, a car and start your own business? Own home or apartment are one of the basic goals of any family.…
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Everything You Need to Know About Credit Rating
There are organizations that evaluate your creditworthiness and make up a so-called “credit score” or “credit rating” based on data on how regularly you pay your bills, how many borrowed and on other information related with your solvency. A credit rating in the United States plays an important role in the rental and purchase of…
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How to get a mortgage
Dreams of own housing – this is what unites people all over the world. Mortgage lending is common in the US. Of course, someone prefers to rent an apartment all his life. However, this option seems not so attractive after the usual calculations, indicating that the cost of renting an apartment on average is equal…
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What do we Understand by Reverse Mortgage?
Collateral security is a term which most of the people might have come across when they read about finance and loans. It plays a vital role when homeowners apply for loans. A term known as reverse mortgage could defined as the loan for the senior homeowners for using one portion of their house as a…
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Australian House Prices Flat in February
The housing market continues to tread water, with the release of RP Data and Rismark figures showing prices didn’t grow at all during February, and rose by just 0.8% over the previous 12 months. The best performing capital city during the February quarter was Sydney, but it only managed to record a seasonally adjusted 0.3%…
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Mortgage Bankers Are Still Clueless
[CNBC.COM 2011-03-30] Mortgage Bankers Are Still Clueless You would think that mortgage lenders would be chastened by the financial crisis and prolonged economic slump. After all, mortgage loans played a central role in the calamity from which we are still struggling to recover. But you’d be wrong. Based on my conversations and emails with people involved…