Archive for: February 6, 2009

The housing bubble and the result is what we are witnessing these days. The fabrication of income largely by borrowers and its encouragement by lenders has contributed to the housing bubble. Loan programs for stated income …

Most people would prefer to go for fixed rate mortgages when purchasing a house. The fifteen to thirty year term mortgages are very popular. Fixed rate mortgages give the common man security and help him escape the …